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Entity-Specific Rating Rationales

23 Jan 2024

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by pool of commercial vehicle, construction equipment and machinery loan receivables issued by Shri Trust AX 2024

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by pool of commercial vehicle, construction equipment and machinery loan receivables issued by Shri Trust AX 2024

23 Jan 2024

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by pool of commercial vehicle, construction equipment and machinery loan receivables issued by Shri Trust AY 2024

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by pool of commercial vehicle, construction equipment and machinery loan receivables issued by Shri Trust AY 2024

19 Jan 2024

Sundaram Finance Limited: Rating confirmed as final for PTCs backed by pool of commercial vehicles, construction equipment and machinery loan receivables issued by Shri Trust AT 2024

Sundaram Finance Limited: Rating confirmed as final for PTCs backed by pool of commercial vehicles, construction equipment and machinery loan receivables issued by Shri Trust AT 2024

19 Jan 2024

Sundaram Finance Limited: Rating confirmed as final for PTCs backed by pool of commercial vehicles, construction equipment and machinery loan receivables issued by Shri Trust AS 2024

Sundaram Finance Limited: Rating confirmed as final for PTCs backed by pool of commercial vehicles, construction equipment and machinery loan receivables issued by Shri Trust AS 2024

12 Dec 2023

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by pool of commercial vehicle, construction equipment and machinery loan receivables issued by Shri Trust AW 2024

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by pool of commercial vehicle, construction equipment and machinery loan receivables issued by Shri Trust AW 2024

05 Dec 2023

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by pool of commercial vehicle, construction equipment and machinery loan receivables issued by Shri Trust AV 2024

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by pool of commercial vehicle, construction equipment and machinery loan receivables issued by Shri Trust AV 2024

05 Dec 2023

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by pool of commercial vehicle, construction equipment and machinery loan receivables issued by Shri Trust AU 2024

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by pool of commercial vehicle, construction equipment and machinery loan receivables issued by Shri Trust AU 2024

10 Nov 2023

Sundaram Finance Limited: Ratings reaffirmed; assigned for Rs.500 crore Subordinated debentures and rated amount enhanced for bank lines

Sundaram Finance Limited: Ratings reaffirmed; assigned for Rs.500 crore Subordinated debentures and rated amount enhanced for bank lines

18 Oct 2023

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by pool of commercial vehicles, construction equipment and machinery loan receivables issued by Shri Trust AT 2024

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by pool of commercial vehicles, construction equipment and machinery loan receivables issued by Shri Trust AT 2024

04 Oct 2023

Sundaram Finance Limited: Rating reaffirmed for PTCs issued under five vehicle loan securitisation transactions.

Sundaram Finance Limited: Rating reaffirmed for PTCs issued under five vehicle loan securitisation transactions.