bg-rating-rationales

Entity-Specific Rating Rationales

09 Feb 2026

Best Capital Services Limited: Rating confirmed as final for PTCs backed by a pool of MSME LAP loan receivables issued by Optiman 11 2025

Best Capital Services Limited: Rating confirmed as final for PTCs backed by a pool of MSME LAP loan receivables issued by Optiman 11 2025

09 Feb 2026

Best Capital Services Limited: Provisional [ICRA]A(SO) assigned to PTCs for a pool backed by MSME LAP loan receivables issued by Cobalt 01 2026

Best Capital Services Limited: Provisional [ICRA]A(SO) assigned to PTCs for a pool backed by MSME LAP loan receivables issued by Cobalt 01 2026

19 Jan 2026

Best Capital Services Limited: Rating confirmed as final for PTCs backed by a pool of vehicle loan receivables issued by Celaeno 08 2025

Best Capital Services Limited: Rating confirmed as final for PTCs backed by a pool of vehicle loan receivables issued by Celaeno 08 2025

02 Dec 2025

Best Capital Services Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTCs for a pool backed by MSME LAP loan receivables issued by Optiman 11 2025

Best Capital Services Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTCs for a pool backed by MSME LAP loan receivables issued by Optiman 11 2025

30 Oct 2025

Best Capital Services Limited: Rating confirmed as final for PTCs backed by MSME LAP loan receivables issued by Elegan 09 2025

Best Capital Services Limited: Rating confirmed as final for PTCs backed by MSME LAP loan receivables issued by Elegan 09 2025

07 Oct 2025

Best Capital Services Limited: Rating confirmed as final for PTCs backed by a pool of vehicle loan receivables issued by LoanX Bramble Sep 2025

Best Capital Services Limited: Rating confirmed as final for PTCs backed by a pool of vehicle loan receivables issued by LoanX Bramble Sep 2025

30 Sep 2025

Best Capital Services Limited: Provisional [ICRA]A+(SO) assigned to Series A1 PTCs for a pool backed by vehicle loan receivables issued by LoanX Bramble Sep 2025

Best Capital Services Limited: Provisional [ICRA]A+(SO) assigned to Series A1 PTCs for a pool backed by vehicle loan receivables issued by LoanX Bramble Sep 2025

29 Sep 2025

Best Capital Services Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTCs for a pool backed by MSME LAP loan receivables issued by Elegan 09 2025

Best Capital Services Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTCs for a pool backed by MSME LAP loan receivables issued by Elegan 09 2025

17 Sep 2025

Best Capital Services Limited: Rating confirmed as final for PTCs backed by a pool of vehicle loan receivables issued by Chara 07 2025

Best Capital Services Limited: Rating confirmed as final for PTCs backed by a pool of vehicle loan receivables issued by Chara 07 2025

04 Sep 2025

Best Capital Services Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTCs for a pool backed by vehicle loan receivables issued by Celaeno 08 2025

Best Capital Services Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTCs for a pool backed by vehicle loan receivables issued by Celaeno 08 2025