bg-rating-rationales

Entity-Specific Rating Rationales

15 May 2023

Lendingkart Finance Limited: Rating upgraded for SNs issued under unsecured business loan securitisation transaction

Lendingkart Finance Limited: Rating upgraded for SNs issued under unsecured business loan securitisation transaction

15 May 2023

Lendingkart Finance Limited: Rating reaffirmed for PTCs issued under unsecured business loan securitisation transaction

Lendingkart Finance Limited: Rating reaffirmed for PTCs issued under unsecured business loan securitisation transaction

12 May 2023

Lendingkart Finance Limited: Provisional [ICRA]A(SO) assigned to PTC Series A1 and Provisional [ICRA]A-(SO) assigned to PTC Series A2 issued by Nimbus 2023 SBL Lima, backed by a pool of unsecured small business loans

Lendingkart Finance Limited: Provisional [ICRA]A(SO) assigned to PTC Series A1 and Provisional [ICRA]A-(SO) assigned to PTC Series A2 issued by Nimbus 2023 SBL Lima, backed by a pool of unsecured small business loans

19 Apr 2023

Lendingkart Finance Limited: Ratings upgraded for PTCs issued under unsecured business loan securitisation transaction

Lendingkart Finance Limited: Ratings upgraded for PTCs issued under unsecured business loan securitisation transaction

19 Apr 2023

Lendingkart Finance Limited: Ratings reaffirmed for PTCs issued under unsecured business loan securitisation transaction

Lendingkart Finance Limited: Ratings reaffirmed for PTCs issued under unsecured business loan securitisation transaction

14 Apr 2023

Lendingkart Finance Limited: Rating confirmed as final for PTCs backed by unsecured small business loan receivables issued by Darius 2023

Lendingkart Finance Limited: Rating confirmed as final for PTCs backed by unsecured small business loan receivables issued by Darius 2023

03 Apr 2023

Lendingkart Finance Limited: Provisional [ICRA]A(SO) assigned to PTC Series A1 and Provisional [ICRA]A-(SO) assigned to PTC Series A2 issued by Nimbus 2023 SBL Nairobi, backed by a pool of unsecured small business loans

Lendingkart Finance Limited: Provisional [ICRA]A(SO) assigned to PTC Series A1 and Provisional [ICRA]A-(SO) assigned to PTC Series A2 issued by Nimbus 2023 SBL Nairobi, backed by a pool of unsecured small business loans

22 Mar 2023

Lendingkart Finance Limited: Provisional [ICRA]BBB+(SO) assigned to PTC Series A1 backed by unsecured small business loans issued by Aglet 2023

Lendingkart Finance Limited: Provisional [ICRA]BBB+(SO) assigned to PTC Series A1 backed by unsecured small business loans issued by Aglet 2023

21 Mar 2023

Lendingkart Finance Limited: Rating confirmed as final for PTCs backed by unsecured small business loan receivables issued by LOFTUS 01 2023

Lendingkart Finance Limited: Rating confirmed as final for PTCs backed by unsecured small business loan receivables issued by LOFTUS 01 2023

16 Mar 2023

Lendingkart Finance Limited: Ratings withdrawn for PTCs backed by unsecured small business loan receivables securitisation transactions

Lendingkart Finance Limited: Ratings withdrawn for PTCs backed by unsecured small business loan receivables securitisation transactions