bg-rating-rationales

Entity-Specific Rating Rationales

21 Jul 2026

Unity Small Finance Bank Limited: Rating withdrawn

Unity Small Finance Bank Limited: Rating withdrawn

13 Jul 2026

Unity Small Finance Bank Limited : Rating placed on Watch with Negative Implications for PTC backed by secured LAP loan receivables issued by Marathon

Unity Small Finance Bank Limited : Rating placed on Watch with Negative Implications for PTC backed by secured LAP loan receivables issued by Marathon

01 Jul 2026

Unity Small Finance Bank Limited: Rating downgraded to [ICRA]A- (Stable)

Unity Small Finance Bank Limited: Rating downgraded to [ICRA]A- (Stable)

29 May 2026

Unity Small Finance Bank Limited: Rating placed on Watch with Negative Implications for SNs backed by secured LAP loan receivables issued by Orion Series 1

Unity Small Finance Bank Limited: Rating placed on Watch with Negative Implications for SNs backed by secured LAP loan receivables issued by Orion Series 1

29 Sep 2025

Unity Small Finance Bank Limited: Rating reaffirmed for PTCs backed by secured LAP loan receivables issued by Marathon

Unity Small Finance Bank Limited: Rating reaffirmed for PTCs backed by secured LAP loan receivables issued by Marathon

20 Jun 2025

Unity Small Finance Bank Limited: Ratings withdrawn for Bank Facility and Reaffirmed for Issuer Rating

Unity Small Finance Bank Limited: Ratings withdrawn for Bank Facility and Reaffirmed for Issuer Rating

15 May 2025

Unity Small Finance Bank Limited: Rating confirmed as final for SNs backed by secured LAP loan receivables issued by Orion Series 1

Unity Small Finance Bank Limited: Rating confirmed as final for SNs backed by secured LAP loan receivables issued by Orion Series 1

27 Nov 2024

Unity Small Finance Bank Limited: Provisional [ICRA]AA(SO) assigned to Series A1 SNs issued by Orion Series 1, backed by a pool of secured LAP receivables

Unity Small Finance Bank Limited: Provisional [ICRA]AA(SO) assigned to Series A1 SNs issued by Orion Series 1, backed by a pool of secured LAP receivables

27 Sep 2024

Unity Small Finance Bank Limited: Rating reaffirmed for PTCs backed by secured LAP loan receivables issued by Marathon

Unity Small Finance Bank Limited: Rating reaffirmed for PTCs backed by secured LAP loan receivables issued by Marathon

21 Jun 2024

Unity Small Finance Bank Limited: Long-term rating upgraded to [ICRA]A (Stable)

Unity Small Finance Bank Limited: Long-term rating upgraded to [ICRA]A (Stable)