bg-rating-rationales

Entity-Specific Rating Rationales

11 Oct 2023

Shriram Finance Limited: Rating confirmed as final for PTCs backed by vehicle loan receivables issued by Sansar Trust Sep 2023 IX

Shriram Finance Limited: Rating confirmed as final for PTCs backed by vehicle loan receivables issued by Sansar Trust Sep 2023 IX

29 Sep 2023

Shriram Finance Limited: Provisional [ICRA]AAA(SO) assigned to Series A1 PTCs and Provisional [ICRA]BBB(SO) assigned to Series A2 PTCs backed by vehicle loan receivables issued by Sansar Trust Sep 2023 IX

Shriram Finance Limited: Provisional [ICRA]AAA(SO) assigned to Series A1 PTCs and Provisional [ICRA]BBB(SO) assigned to Series A2 PTCs backed by vehicle loan receivables issued by Sansar Trust Sep 2023 IX

22 Sep 2023

Shriram Finance Limited: Provisional [ICRA]AA+(SO) assigned to Series A1 PTCs and Provisional [ICRA]A-(SO) assigned to Series A2 PTCs backed by vehicle loan receivables issued by Sansar Trust Sep 2023

Shriram Finance Limited: Provisional [ICRA]AA+(SO) assigned to Series A1 PTCs and Provisional [ICRA]A-(SO) assigned to Series A2 PTCs backed by vehicle loan receivables issued by Sansar Trust Sep 2023

22 Aug 2023

Shriram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by vehicle and construction equipment loan receivables issued by Sansar Trust July 2023 III

Shriram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by vehicle and construction equipment loan receivables issued by Sansar Trust July 2023 III

10 Aug 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings confirmed as final for PTCs backed by vehicle loan receivables issued by Sansar Trust May 2023 III

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings confirmed as final for PTCs backed by vehicle loan receivables issued by Sansar Trust May 2023 III

10 Aug 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings confirmed as final for PTCs backed by vehicle loan receivables issued by Sansar Trust June 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings confirmed as final for PTCs backed by vehicle loan receivables issued by Sansar Trust June 2023

26 Jul 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Provisional ratings assigned to PTCs backed by vehicle loan receivables issued by Sansar Trust June 2023 V and second loss facility

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Provisional ratings assigned to PTCs backed by vehicle loan receivables issued by Sansar Trust June 2023 V and second loss facility

21 Jul 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Rating reaffirmed for assignee payouts issued under two vehicle loan securitisation transactions

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Rating reaffirmed for assignee payouts issued under two vehicle loan securitisation transactions

21 Jul 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings reaffirmed/upgraded for PTCs and second loss facility issued under two vehicle loan securitisation transactions

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings reaffirmed/upgraded for PTCs and second loss facility issued under two vehicle loan securitisation transactions

29 Jun 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Provisional [ICRA]AA+(SO) assigned to Series A1 PTCs and Provisional [ICRA]A-(SO) assigned to Series A2 PTCs backed by vehicle loan receivables issued by Sansar Trust June 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Provisional [ICRA]AA+(SO) assigned to Series A1 PTCs and Provisional [ICRA]A-(SO) assigned to Series A2 PTCs backed by vehicle loan receivables issued by Sansar Trust June 2023