bg-rating-rationales

Entity-Specific Rating Rationales

26 Nov 2025

Berar Finance Limited: Ratings upgraded for PTCs issued under two-wheeler loan receivables securitisation transaction

Berar Finance Limited: Ratings upgraded for PTCs issued under two-wheeler loan receivables securitisation transaction

18 Nov 2025

Berar Finance Limited: Rating confirmed as final for PTCs backed by two-wheeler loan receivables issued by Akaay 08 2025

Berar Finance Limited: Rating confirmed as final for PTCs backed by two-wheeler loan receivables issued by Akaay 08 2025

14 Oct 2025

Berar Finance Limited: Rating withdrawn

Berar Finance Limited: Rating withdrawn

01 Oct 2025

Berar Finance Limited: Rating reaffirmed for PTCs issued under two-wheeler loan securitisation transaction

Berar Finance Limited: Rating reaffirmed for PTCs issued under two-wheeler loan securitisation transaction

12 Sep 2025

Berar Finance Limited: Rating confirmed as final for PTCs issued under a two-wheeler loan receivables securitisation transaction

Berar Finance Limited: Rating confirmed as final for PTCs issued under a two-wheeler loan receivables securitisation transaction

02 Sep 2025

Berar Finance Limited: Rating upgraded for PTCs issued under two-wheeler loan securitisation transaction

Berar Finance Limited: Rating upgraded for PTCs issued under two-wheeler loan securitisation transaction

02 Sep 2025

Berar Finance Limited: Provisional [ICRA]A+(SO) assigned to Series A1 PTC backed by two-wheeler loan receivables issued by DRIFT 08 2025

Berar Finance Limited: Provisional [ICRA]A+(SO) assigned to Series A1 PTC backed by two-wheeler loan receivables issued by DRIFT 08 2025

21 Aug 2025

Berar Finance Limited: Rating confirmed as final for PTCs issued under a two-wheeler loan receivables securitisation transaction

Berar Finance Limited: Rating confirmed as final for PTCs issued under a two-wheeler loan receivables securitisation transaction

21 Aug 2025

Berar Finance Limited: Provisional [ICRA]A+(SO) assigned to Series A1 PTCs and Provisional [ICRA]A-(SO) assigned to Equity Tranche PTCs backed by two-wheeler loan receivables issued by Akaay 08 2025

Berar Finance Limited: Provisional [ICRA]A+(SO) assigned to Series A1 PTCs and Provisional [ICRA]A-(SO) assigned to Equity Tranche PTCs backed by two-wheeler loan receivables issued by Akaay 08 2025

23 Jun 2025

Berar Finance Limited: Provisional [ICRA]BBB+(SO) assigned to PTCs backed by two-wheeler loan receivables issued by Norton 06 2025

Berar Finance Limited: Provisional [ICRA]BBB+(SO) assigned to PTCs backed by two-wheeler loan receivables issued by Norton 06 2025