bg-rating-rationales

Entity-Specific Rating Rationales

06 May 2025

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST APR 2025 - TRANCHE II; Provisional [ICRA]A-(SO) assigned to second loss facility

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST APR 2025 - TRANCHE II; Provisional [ICRA]A-(SO) assigned to second loss facility

22 Apr 2025

Cholamandalam Investment and Finance Company Limited: Ratings withdrawn for PTCs issued under vehicle loan receivables transaction

Cholamandalam Investment and Finance Company Limited: Ratings withdrawn for PTCs issued under vehicle loan receivables transaction

22 Apr 2025

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed for PTCs issued under two vehicle loan securitisation transactions

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed for PTCs issued under two vehicle loan securitisation transactions

02 Apr 2025

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST MAR 2025 – TRANCHE II; Provisional [ICRA]A-(SO) assigned to second loss facility

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST MAR 2025 – TRANCHE II; Provisional [ICRA]A-(SO) assigned to second loss facility

27 Mar 2025

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST MAR 2025 – TRANCHE I; Provisional [ICRA]A-(SO) assigned to second loss facility

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST MAR 2025 – TRANCHE I; Provisional [ICRA]A-(SO) assigned to second loss facility

18 Mar 2025

Cholamandalam Investment and Finance Company Limited: Rated amount enhanced for bank loans; ratings reaffirmed for other instruments

Cholamandalam Investment and Finance Company Limited: Rated amount enhanced for bank loans; ratings reaffirmed for other instruments

17 Mar 2025

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed for PTCs issued under three vehicle loan securitisation transactions

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed for PTCs issued under three vehicle loan securitisation transactions

12 Mar 2025

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed for PTCs issued under six vehicle loan securitisation transactions

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed for PTCs issued under six vehicle loan securitisation transactions

06 Mar 2025

Cholamandalam Investment and Finance Company Limited: Rating confirmed as final for PTCs backed by a pool of vehicle loan receivables

Cholamandalam Investment and Finance Company Limited: Rating confirmed as final for PTCs backed by a pool of vehicle loan receivables

19 Feb 2025

Cholamandalam Investment and Finance Company Limited: Rated amount enhanced for Subordinated Debentures and Perpetual Debt Instruments (PDI); Ratings reaffirmed for other instruments

Cholamandalam Investment and Finance Company Limited: Rated amount enhanced for Subordinated Debentures and Perpetual Debt Instruments (PDI); Ratings reaffirmed for other instruments