bg-rating-rationales

Entity-Specific Rating Rationales

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Criss Financial Limited (erstwhile Criss Financial Holdings Limited): MLDs withdrawn

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): MLDs withdrawn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

15 Jan 2024

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Ratings upgraded; outlook revised to Positive

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Ratings upgraded; outlook revised to Positive

21 Aug 2023

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Ratings upgraded with change in outlook to [ICRA]BBB+ (Stable) and PP-MLD[ICRA]BBB+ (Stable)

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Ratings upgraded with change in outlook to [ICRA]BBB+ (Stable) and PP-MLD[ICRA]BBB+ (Stable)

01 Mar 2023

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Ratings reaffirmed; Outlook revised to Positive

Criss Financial Limited (erstwhile Criss Financial Holdings Limited): Ratings reaffirmed; Outlook revised to Positive