bg-rating-rationales

Entity-Specific Rating Rationales

17 Mar 2026

Suryoday Small Finance Bank Limited: Ratings reaffirmed

Suryoday Small Finance Bank Limited: Ratings reaffirmed

13 Jan 2026

Suryoday Small Finance Bank Limited: Ratings confirmed as final for instruments backed by vehicle loans receivable issued by Camion 03 2025

Suryoday Small Finance Bank Limited: Ratings confirmed as final for instruments backed by vehicle loans receivable issued by Camion 03 2025

24 Dec 2025

Suryoday Small Finance Bank Limited: Ratings withdrawn for instruments issued under an unsecured loans securitisation transaction

Suryoday Small Finance Bank Limited: Ratings withdrawn for instruments issued under an unsecured loans securitisation transaction

03 Oct 2025

Suryoday Small Finance Bank Limited: Provisional [ICRA]AA+(SO) assigned to SN Series A1 and Provisional [ICRA]A(SO) assigned to Equity Tranche issued by Camion 03 2025, backed by a pool of vehicle loans receivable

Suryoday Small Finance Bank Limited: Provisional [ICRA]AA+(SO) assigned to SN Series A1 and Provisional [ICRA]A(SO) assigned to Equity Tranche issued by Camion 03 2025, backed by a pool of vehicle loans receivable

29 Sep 2025

Suryoday Small Finance Bank Limited: Ratings withdrawn for instruments issued under a vehicle loans securitisation transaction

Suryoday Small Finance Bank Limited: Ratings withdrawn for instruments issued under a vehicle loans securitisation transaction

07 May 2025

Suryoday Small Finance Bank Limited: Provisional [ICRA]AA+(SO) assigned to SN Series A1 and Provisional [ICRA]A(SO) assigned to Equity Tranche issued by Camion 03 2025, backed by a pool of vehicle loans receivables

Suryoday Small Finance Bank Limited: Provisional [ICRA]AA+(SO) assigned to SN Series A1 and Provisional [ICRA]A(SO) assigned to Equity Tranche issued by Camion 03 2025, backed by a pool of vehicle loans receivables

29 Apr 2025

Suryoday Small Finance Bank Limited: Ratings upgraded for PTCs issued under an unsecured loans securitisation transaction

Suryoday Small Finance Bank Limited: Ratings upgraded for PTCs issued under an unsecured loans securitisation transaction

18 Mar 2025

Suryoday Small Finance Bank Limited: Ratings reaffirmed

Suryoday Small Finance Bank Limited: Ratings reaffirmed

16 Jul 2024

Suryoday Small Finance Bank Limited: Ratings confirmed as final for PTCs backed by unsecured loan receivables issued by Saryu 03 2024

Suryoday Small Finance Bank Limited: Ratings confirmed as final for PTCs backed by unsecured loan receivables issued by Saryu 03 2024

08 Apr 2024

Suryoday Small Finance Bank Limited: Provisional [ICRA]AA-(SO) assigned to Series A1 PTC and Provisional [ICRA]A+(SO) assigned to Series A2 PTC backed by unsecured loan receivables issued by Saryu 03 2024

Suryoday Small Finance Bank Limited: Provisional [ICRA]AA-(SO) assigned to Series A1 PTC and Provisional [ICRA]A+(SO) assigned to Series A2 PTC backed by unsecured loan receivables issued by Saryu 03 2024