bg-rating-rationales

Entity-Specific Rating Rationales

05 Jun 2023

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

16 May 2023

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

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

16 May 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings confirmed as final for PTCs and second loss facility backed by vehicle loan receivables issued by Sansar Trust March 2023 VII

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings confirmed as final for PTCs and second loss facility backed by vehicle loan receivables issued by Sansar Trust March 2023 VII

16 May 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Rating withdrawn for PTCs issued under vehicle loan securitisation transaction

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Rating withdrawn for PTCs issued under vehicle loan securitisation transaction

31 Mar 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Provisional [ICRA]AAA(SO) assigned to PTCs backed by vehicle loan receivables issued by Sansar Trust March 2023 VII

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Provisional [ICRA]AAA(SO) assigned to PTCs backed by vehicle loan receivables issued by Sansar Trust March 2023 VII

28 Mar 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Provisional [ICRA]AAA(SO) assigned to PTCs backed by vehicle loan receivables issued by Sansar Trust March 2023; Provisional [ICRA]A-(SO) assigned to second loss facility

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Provisional [ICRA]AAA(SO) assigned to PTCs backed by vehicle loan receivables issued by Sansar Trust March 2023; Provisional [ICRA]A-(SO) assigned to second loss facility

17 Mar 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Rating action for PTCs issued under vehicle loan securitisation transactions

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Rating action for PTCs issued under vehicle loan securitisation transactions

23 Jan 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings confirmed as final for PTCs and second loss facility backed by vehicle loan receivables issued by Sansar Trust Sep 2022 II

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings confirmed as final for PTCs and second loss facility backed by vehicle loan receivables issued by Sansar Trust Sep 2022 II

23 Jan 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings confirmed as final for PTCs and second loss facility backed by vehicle loan receivables issued by Sansar Trust Aug 2022 II

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings confirmed as final for PTCs and second loss facility backed by vehicle loan receivables issued by Sansar Trust Aug 2022 II

17 Jan 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 Dec 2022

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings confirmed as final for PTCs backed by vehicle loan receivables issued by Sansar Trust Dec 2022