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Entity-Specific Rating Rationales

04 Dec 2023

Annapurna Finance Private Limited: [ICRA]A- (Stable) assigned to Rs. 31.00-crore subordinated debt

Annapurna Finance Private Limited: [ICRA]A- (Stable) assigned to Rs. 31.00-crore subordinated debt

07 Nov 2023

Annapurna Finance Private Limited: [ICRA]A- (Stable) assigned to Rs. 53.82-crore NCDs; rating reaffirmed & withdrawn for Rs. 3.82-crore subordinated debt

Annapurna Finance Private Limited: [ICRA]A- (Stable) assigned to Rs. 53.82-crore NCDs; rating reaffirmed & withdrawn for Rs. 3.82-crore subordinated debt

28 Sep 2023

Annapurna Finance Private Limited: Ratings assigned/reaffirmed and withdrawn for Rs. 204.38-crore NCDs

Annapurna Finance Private Limited: Ratings assigned/reaffirmed and withdrawn for Rs. 204.38-crore NCDs

22 Aug 2023

Annapurna Finance Private Limited: [ICRA]A- (Stable) assigned to Rs. 100-crore subordinated debt

Annapurna Finance Private Limited: [ICRA]A- (Stable) assigned to Rs. 100-crore subordinated debt

20 Jul 2023

Annapurna Finance Private Limited: [ICRA]A- (Stable) assigned to Rs. 100-crore subordinated debt

Annapurna Finance Private Limited: [ICRA]A- (Stable) assigned to Rs. 100-crore subordinated debt

12 May 2023

Annapurna Finance Private Limited: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Nimbus 2022 MFI Eternals

Annapurna Finance Private Limited: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Nimbus 2022 MFI Eternals

23 Mar 2023

Annapurna Finance Private Limited: Rating assigned/reaffirmed; rating amount enhanced

Annapurna Finance Private Limited: Rating assigned/reaffirmed; rating amount enhanced

30 Dec 2022

Annapurna Finance Private Limited: Provisional [ICRA]AA(SO) assigned to Series A1 PTC and Provisional [ICRA]A+(SO) assigned to Series A2 PTC backed by microfinance loan receivables issued by Nimbus 2022 MFI Eternals

Annapurna Finance Private Limited: Provisional [ICRA]AA(SO) assigned to Series A1 PTC and Provisional [ICRA]A+(SO) assigned to Series A2 PTC backed by microfinance loan receivables issued by Nimbus 2022 MFI Eternals

14 Dec 2022

Annapurna Finance Private Limited: Ratings reaffirmed; Ratings reaffirmed and simultaneously withdrawn for Rs. 200-crore NCD programme and Rs. 25-crore subordinated debt programme

Annapurna Finance Private Limited: Ratings reaffirmed; Ratings reaffirmed and simultaneously withdrawn for Rs. 200-crore NCD programme and Rs. 25-crore subordinated debt programme

31 Oct 2022

Annapurna Finance Private Limited: Rating assigned

Annapurna Finance Private Limited: Rating assigned