bg-rating-rationales

Entity-Specific Rating Rationales

30 Oct 2025

Satin Finserv Limited: Rating confirmed as final for PTCs backed by secured business loan receivables issued by Bournville 06 2025

Satin Finserv Limited: Rating confirmed as final for PTCs backed by secured business loan receivables issued by Bournville 06 2025

25 Sep 2025

Satin Finserv Limited: Rating assigned/reaffirmed; rating reaffirmed and simultaneously withdrawn for matured NCDs

Satin Finserv Limited: Rating assigned/reaffirmed; rating reaffirmed and simultaneously withdrawn for matured NCDs

01 Sep 2025

Satin Finserv Limited: Rating confirmed as final for PTCs backed by secured business loan receivables issued by Horizon 2025

Satin Finserv Limited: Rating confirmed as final for PTCs backed by secured business loan receivables issued by Horizon 2025

03 Jul 2025

Satin Finserv Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTC and Provisional [ICRA]BBB+(SO) assigned to Equity Tranche backed by secured business loan receivables issued by Bournville 06 2025

Satin Finserv Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTC and Provisional [ICRA]BBB+(SO) assigned to Equity Tranche backed by secured business loan receivables issued by Bournville 06 2025

05 Jun 2025

Satin Finserv Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTC and Provisional [ICRA]BBB+(SO) assigned to Series A2 PTC, backed by secured business loan receivables issued by Horizon 2025

Satin Finserv Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTC and Provisional [ICRA]BBB+(SO) assigned to Series A2 PTC, backed by secured business loan receivables issued by Horizon 2025

21 May 2025

Satin Finserv Limited: Ratings confirmed as final for PTCs backed by secured business loan receivables issued by Yoda 2025

Satin Finserv Limited: Ratings confirmed as final for PTCs backed by secured business loan receivables issued by Yoda 2025

07 May 2025

Satin Finserv Limited: Ratings confirmed as final for PTCs backed by secured business loan receivables issued by Lunify 2025

Satin Finserv Limited: Ratings confirmed as final for PTCs backed by secured business loan receivables issued by Lunify 2025

17 Apr 2025

Satin Finserv Limited: Rating confirmed as final for PTCs backed by secured business loan receivables issued by Butterfly 12 2024

Satin Finserv Limited: Rating confirmed as final for PTCs backed by secured business loan receivables issued by Butterfly 12 2024

17 Apr 2025

Satin Finserv Limited: Rating confirmed as final for PTCs backed by secured business loan receivables issued by Bluestreak 12 2024

Satin Finserv Limited: Rating confirmed as final for PTCs backed by secured business loan receivables issued by Bluestreak 12 2024

27 Mar 2025

Satin Finserv Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTC and Provisional [ICRA]BBB+(SO) assigned to Series A2 PTC, backed by secured business loan receivables issued by Lunify 2025

Satin Finserv Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTC and Provisional [ICRA]BBB+(SO) assigned to Series A2 PTC, backed by secured business loan receivables issued by Lunify 2025