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Entity-Specific Rating Rationales

12 Jan 2023

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): [ICRA]AA+ (Stable) assigned/reaffirmed

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): [ICRA]AA+ (Stable) assigned/reaffirmed

23 Dec 2022

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 Dec 2022

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 Dec 2022

19 Dec 2022

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings withdrawn for PTCs and second loss facility issued under four vehicle loan securitisation transactions

Shriram Finance Limited (erstwhile Shriram Transport Finance Company Limited): Ratings withdrawn for PTCs and second loss facility issued under four vehicle loan securitisation transactions

28 Nov 2022

Shriram Transport Finance Company Limited: Rating reaffirmed for PTCs issued under vehicle loan securitisation transaction

Shriram Transport Finance Company Limited: Rating reaffirmed for PTCs issued under vehicle loan securitisation transaction

28 Nov 2022

Shriram Transport Finance Company Limited: Rating upgraded for assignee payouts issued under four vehicle loan securitisation transactions

Shriram Transport Finance Company Limited: Rating upgraded for assignee payouts issued under four vehicle loan securitisation transactions

19 Oct 2022

Shriram Transport Finance Company Limited: Rating confirmed as final for PTCs backed by vehicle loan receivables issued by Sansar Trust June 2022 V

Shriram Transport Finance Company Limited: Rating confirmed as final for PTCs backed by vehicle loan receivables issued by Sansar Trust June 2022 V

30 Sep 2022

Shriram Transport Finance Company Limited: [ICRA]AA+ (Stable) assigned/reaffirmed

Shriram Transport Finance Company Limited: [ICRA]AA+ (Stable) assigned/reaffirmed

30 Sep 2022

Shriram Transport Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by vehicle loan receivables issued by Sansar Trust Sep 2022 II; Provisional [ICRA]A-(SO) assigned to second loss facility

Shriram Transport Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by vehicle loan receivables issued by Sansar Trust Sep 2022 II; Provisional [ICRA]A-(SO) assigned to second loss facility

23 Sep 2022

Shriram Transport Finance Company Limited: Ratings withdrawn for PTCs and second loss facility issued under three vehicle loan securitisation transactions

Shriram Transport Finance Company Limited: Ratings withdrawn for PTCs and second loss facility issued under three vehicle loan securitisation transactions

23 Sep 2022

Shriram Transport Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by vehicle loan receivables issued by Sansar Trust Aug 2022 II; Provisional [ICRA]A-(SO) assigned to second loss facility

Shriram Transport Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by vehicle loan receivables issued by Sansar Trust Aug 2022 II; Provisional [ICRA]A-(SO) assigned to second loss facility