bg-rating-rationales

Entity-Specific Rating Rationales

26 Aug 2025

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Rating downgraded to [ICRA]BBB (Negative)

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Rating downgraded to [ICRA]BBB (Negative)

11 Jun 2025

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Rating downgraded to [ICRA]BBB+ (Negative)

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Rating downgraded to [ICRA]BBB+ (Negative)

26 May 2025

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Rating confirmed as final for PTCs backed by a pool of unsecured individual business loan receivables issued by Bravlo 2025

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Rating confirmed as final for PTCs backed by a pool of unsecured individual business loan receivables issued by Bravlo 2025

31 Mar 2025

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Provisional [ICRA]A-(SO) assigned to PTC Series A1 issued by Bravlo 2025, backed by a pool of unsecured individual business loans

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Provisional [ICRA]A-(SO) assigned to PTC Series A1 issued by Bravlo 2025, backed by a pool of unsecured individual business loans

18 Feb 2025

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Rating confirmed as final for PTCs backed by a pool of unsecured individual business loan receivables issued by Sunrise 2024

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Rating confirmed as final for PTCs backed by a pool of unsecured individual business loan receivables issued by Sunrise 2024

03 Feb 2025

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Rating downgraded to [ICRA]A- (Negative)

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Rating downgraded to [ICRA]A- (Negative)

31 Dec 2024

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Provisional [ICRA]A-(SO) assigned to PTC Series A1 issued by Sunrise 2024, backed by a pool of unsecured individual business loans

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Provisional [ICRA]A-(SO) assigned to PTC Series A1 issued by Sunrise 2024, backed by a pool of unsecured individual business loans

05 Dec 2024

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Rating reaffirmed; Outlook revised to Negative

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Rating reaffirmed; Outlook revised to Negative

18 Oct 2024

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): MLDs withdrawn

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): MLDs withdrawn

15 Jul 2024

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Ratings upgraded and rated amount enhanced; outlook revised to Stable

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Ratings upgraded and rated amount enhanced; outlook revised to Stable