bg-rating-rationales

Entity-Specific Rating Rationales

08 Aug 2023

Satya MicroCapital Ltd.: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Nile 05 2023

Satya MicroCapital Ltd.: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Nile 05 2023

14 Jun 2023

Satya MicroCapital Ltd.: Provisional [ICRA]A+(SO) assigned to PTC Series A1 issued by Nile 05 2023, backed by a pool of microfinance loan receivables

Satya MicroCapital Ltd.: Provisional [ICRA]A+(SO) assigned to PTC Series A1 issued by Nile 05 2023, backed by a pool of microfinance loan receivables

25 May 2023

Satya MicroCapital Ltd.: Ratings upgraded to [ICRA]BBB+ (Stable)/PP-MLD [ICRA]BBB+ (Stable); Rated amount enhanced; Rating upgraded and withdrawn for Rs. 49.96-crore NCD programme

Satya MicroCapital Ltd.: Ratings upgraded to [ICRA]BBB+ (Stable)/PP-MLD [ICRA]BBB+ (Stable); Rated amount enhanced; Rating upgraded and withdrawn for Rs. 49.96-crore NCD programme

21 Apr 2023

Satya MicroCapital Ltd.: Rating upgraded for SN Series A issued under microfinance loan securitisation transaction

Satya MicroCapital Ltd.: Rating upgraded for SN Series A issued under microfinance loan securitisation transaction

15 Feb 2023

Satya MicroCapital Ltd.: Ratings withdrawn for PTCs issued under microfinance loan receivables transactions

Satya MicroCapital Ltd.: Ratings withdrawn for PTCs issued under microfinance loan receivables transactions

03 Feb 2023

Satya MicroCapital Ltd.: Ratings reaffirmed/[ICRA]BBB (Positive) assigned for enhanced amount

Satya MicroCapital Ltd.: Ratings reaffirmed/[ICRA]BBB (Positive) assigned for enhanced amount

12 Jan 2023

Satya MicroCapital Ltd.: Ratings withdrawn for PTCs issued under microfinance loan receivables transactions

Satya MicroCapital Ltd.: Ratings withdrawn for PTCs issued under microfinance loan receivables transactions

25 Nov 2022

Satya MicroCapital Ltd.: Rating confirmed as final for PTCs backed by a pool of microfinance loan receivables

Satya MicroCapital Ltd.: Rating confirmed as final for PTCs backed by a pool of microfinance loan receivables

21 Nov 2022

Satya MicroCapital Ltd.: Ratings confirmed as final for PTCs backed by a pool of microfinance loan receivables

Satya MicroCapital Ltd.: Ratings confirmed as final for PTCs backed by a pool of microfinance loan receivables

14 Nov 2022

Satya MicroCapital Ltd.: Rating upgraded for PTCs issued under microfinance loan securitisation transaction

Satya MicroCapital Ltd.: Rating upgraded for PTCs issued under microfinance loan securitisation transaction