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Entity-Specific Rating Rationales

26 Mar 2026

Kaabil Finance Private Limited : Provisional [ICRA]A(SO) assigned to Series A1 PTCs backed by a pool of secured business loan receivables

Kaabil Finance Private Limited : Provisional [ICRA]A(SO) assigned to Series A1 PTCs backed by a pool of secured business loan receivables

16 Mar 2026

Kaabil Finance Private Limited: [ICRA]BBB- (Stable) assigned to Rs. 60-crore NCD programme; rating reaffirmed

Kaabil Finance Private Limited: [ICRA]BBB- (Stable) assigned to Rs. 60-crore NCD programme; rating reaffirmed

20 Feb 2026

Kaabil Finance Private Limited ; Rating confirmed as final for PTCs backed by secured business loan receivables issued by LoanX Kalmia Feb 2026

Kaabil Finance Private Limited ; Rating confirmed as final for PTCs backed by secured business loan receivables issued by LoanX Kalmia Feb 2026

11 Feb 2026

Kaabil Finance Private Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTCs backed by a pool of secured business loan receivables

Kaabil Finance Private Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTCs backed by a pool of secured business loan receivables

26 Nov 2025

Kaabil Finance Private Limited: [ICRA]BBB- (Stable) Reaffirmed and assigned for Rs. 31- crore NCD programme

Kaabil Finance Private Limited: [ICRA]BBB- (Stable) Reaffirmed and assigned for Rs. 31- crore NCD programme

14 Oct 2025

Kaabil Finance Private Limited: Rating confirmed as final for PTCs backed by secured business loan receivables issued by Spectrum 06 2025

Kaabil Finance Private Limited: Rating confirmed as final for PTCs backed by secured business loan receivables issued by Spectrum 06 2025

21 Jul 2025

Kaabil Finance Private Limited: [ICRA]BBB- (Stable) assigned

Kaabil Finance Private Limited: [ICRA]BBB- (Stable) assigned

07 Jul 2025

Kaabil Finance Private Limited: Rating confirmed as final for PTCs backed by secured business loan receivables issued by Indigo 042

Kaabil Finance Private Limited: Rating confirmed as final for PTCs backed by secured business loan receivables issued by Indigo 042

02 Jul 2025

Kaabil Finance Private Limited: Provisional [ICRA]A-(SO) assigned to Series A1 PTCs backed by a pool of secured business loan receivables

Kaabil Finance Private Limited: Provisional [ICRA]A-(SO) assigned to Series A1 PTCs backed by a pool of secured business loan receivables

02 Jul 2025

Kaabil Finance Private Limited: Provisional [ICRA]A(SO) assigned to Series A PTCs backed by a pool of secured business loan receivables

Kaabil Finance Private Limited: Provisional [ICRA]A(SO) assigned to Series A PTCs backed by a pool of secured business loan receivables