bg-rating-rationales

Entity-Specific Rating Rationales

31 Mar 2026

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST MAR 2026 - TRANCHE II; Provisional [ICRA]A-(SO) assigned to second loss facility

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST MAR 2026 - TRANCHE II; Provisional [ICRA]A-(SO) assigned to second loss facility

31 Mar 2026

Cholamandalam Investment and Finance Company LimitedProvisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST MAR 2026 - TRANCHE I; Provisional [ICRA]A-(SO) assigned to second loss facility

Cholamandalam Investment and Finance Company LimitedProvisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST MAR 2026 - TRANCHE I; Provisional [ICRA]A-(SO) assigned to second loss facility

27 Mar 2026

Cholamandalam Investment and Finance Company Limited : Ratings reaffirmed for PTCs issued under six vehicle loan securitisation transactions

Cholamandalam Investment and Finance Company Limited : Ratings reaffirmed for PTCs issued under six vehicle loan securitisation transactions

25 Mar 2026

Cholamandalam Investment and Finance Company Limited: Rating reaffirmed for PTCs issued under a vehicle loan securitisation transaction

Cholamandalam Investment and Finance Company Limited: Rating reaffirmed for PTCs issued under a vehicle loan securitisation transaction

23 Mar 2026

Cholamandalam Investment and Finance Company Limited: Ratings withdrawn for PTCs issued under vehicle loan receivables transactions

Cholamandalam Investment and Finance Company Limited: Ratings withdrawn for PTCs issued under vehicle loan receivables transactions

02 Mar 2026

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed; rated amount enhanced

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed; rated amount enhanced

24 Feb 2026

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed for PTCs issued under two vehicle loan securitisation transactions

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed for PTCs issued under two vehicle loan securitisation transactions

11 Feb 2026

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by vehicle loan receivables issued by PLATINUM TRUST FEB 2026 - TRANCHE I

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by vehicle loan receivables issued by PLATINUM TRUST FEB 2026 - TRANCHE I

02 Feb 2026

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to Series A1(a) PTCs and Series A1(b) PTCs backed by vehicle loan receivables issued by Platinum Trust Dec 2025 – Tranche III; Provisional [ICRA]A-(SO) assigned to second loss facility

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to Series A1(a) PTCs and Series A1(b) PTCs backed by vehicle loan receivables issued by Platinum Trust Dec 2025 – Tranche III; Provisional [ICRA]A-(SO) assigned to second loss facility

30 Jan 2026

Cholamandalam Investment and Finance Company Limited: Ratings confirmed as final for PTCs backed by a pool of vehicle loan receivables

Cholamandalam Investment and Finance Company Limited: Ratings confirmed as final for PTCs backed by a pool of vehicle loan receivables