bg-rating-rationales

Entity-Specific Rating Rationales

16 Jul 2025

Annapurna Finance Private Limited: Rating assigned/reaffirmed; rating withdrawn for matured/redeemed NCDs

Annapurna Finance Private Limited: Rating assigned/reaffirmed; rating withdrawn for matured/redeemed NCDs

30 Jun 2025

Annapurna Finance Private Limited: Provisional [ICRA]AA+(SO) assigned to PTCs backed by microfinance loan receivables issued by Vega 06 2025

Annapurna Finance Private Limited: Provisional [ICRA]AA+(SO) assigned to PTCs backed by microfinance loan receivables issued by Vega 06 2025

30 Jun 2025

Annapurna Finance Private Limited: Provisional [ICRA]AA-(SO) assigned to Series A1 PTCs and Provisional [ICRA]A(SO) assigned to Series A2 PTCs issued by Banshee 06 2025, backed by a pool of microfinance loan receivables

Annapurna Finance Private Limited: Provisional [ICRA]AA-(SO) assigned to Series A1 PTCs and Provisional [ICRA]A(SO) assigned to Series A2 PTCs issued by Banshee 06 2025, backed by a pool of microfinance loan receivables

09 Jun 2025

Annapurna Finance Private Limited: Provisional [ICRA]AA+(SO) assigned to PTCs backed by microfinance loan receivables issued by Nimbus MFI Trust 05 2025

Annapurna Finance Private Limited: Provisional [ICRA]AA+(SO) assigned to PTCs backed by microfinance loan receivables issued by Nimbus MFI Trust 05 2025

07 May 2025

Annapurna Finance Private Limited: Rating assigned/reaffirmed

Annapurna Finance Private Limited: Rating assigned/reaffirmed

28 Mar 2025

Annapurna Finance Private Limited: Rating assigned/reaffirmed; rating withdrawn for matured/redeemed NCDs

Annapurna Finance Private Limited: Rating assigned/reaffirmed; rating withdrawn for matured/redeemed NCDs

19 Dec 2024

Annapurna Finance Private Limited: Rating reaffirmed; rating withdrawn for matured instruments and [ICRA]A- (Stable) assigned to Rs. 42.5-crore fresh NCD programme

Annapurna Finance Private Limited: Rating reaffirmed; rating withdrawn for matured instruments and [ICRA]A- (Stable) assigned to Rs. 42.5-crore fresh NCD programme

27 Sep 2024

Annapurna Finance Private Limited: Ratings reaffirmed; ratings withdrawn for matured instruments

Annapurna Finance Private Limited: Ratings reaffirmed; ratings withdrawn for matured instruments

14 May 2024

Annapurna Finance Private Limited: Rating withdrawn for matured instruments

Annapurna Finance Private Limited: Rating withdrawn for matured instruments

14 May 2024

Annapurna Finance Private Limited: Rating withdrawn for PTCs backed by micro loan receivables securitisation transaction

Annapurna Finance Private Limited: Rating withdrawn for PTCs backed by micro loan receivables securitisation transaction