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Entity-Specific Rating Rationales

24 Aug 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

17 Aug 2026

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

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

12 Aug 2026

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

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

05 Aug 2026

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

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

05 Aug 2026

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

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

04 Aug 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 JUL 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 JUL 2026 - TRANCHE II; Provisional [ICRA]A-(SO) assigned to second loss facility

23 Jul 2026

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

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

22 Jul 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

14 Jul 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

03 Jul 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 Jun 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 Jun 2026 - TRANCHE II; Provisional [ICRA]A-(SO) assigned to second loss facility


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Entity-Specific Credit Perspective Reports

05 Aug 2026

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (SF)

08 Jul 2026

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (SF)

02 Jul 2026

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (SF)

16 Jun 2026

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (SF)

02 Jun 2026

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (SF)

08 May 2026

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (SF)

13 Apr 2026

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (SF)

08 Apr 2026

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (SF)

20 Feb 2026

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (SF)

06 Feb 2026

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (SF)


Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Second Loss Facility -- -- [ICRA]A-(SO) --
PTC Series A -- -- [ICRA]AAA(SO) --
PTC Series A -- -- [ICRA]AAA(SO) --
Second Loss Facility -- -- [ICRA]A-(SO) --
PTC Series A1 -- -- [ICRA]AAA(SO) --
PTC Series A -- -- [ICRA]AA+(SO) --
PTC Series A1 -- -- [ICRA]AAA(SO) --
PTC Series A1 -- -- [ICRA]AAA(SO) --
Second Loss Facility -- -- [ICRA]A-(SO) --
PTC Series A -- -- [ICRA]AAA(SO) --

Our Analysts

Analyst 1

Vishal Oza 2

Analyst 2

Sumit Pramanik

Sector Head

Manushree Saggar
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