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Entity-Specific Rating Rationales

24 Jan 2025

Shriram Finance Limited: Rating withdrawn for PTCs issued under vehicle loan securitisation transaction

Shriram Finance Limited: Rating withdrawn for PTCs issued under vehicle loan securitisation transaction

10 Jan 2025

Shriram Finance Limited: Rating reaffirmed

Shriram Finance Limited: Rating reaffirmed

24 Dec 2024

Shriram Finance Limited: Provisional ratings assigned to PTCs backed by vehicle, construction equipment, and two-wheeler loan receivables issued by Sansar Dec 2024 IV Trust

Shriram Finance Limited: Provisional ratings assigned to PTCs backed by vehicle, construction equipment, and two-wheeler loan receivables issued by Sansar Dec 2024 IV Trust

20 Dec 2024

Shriram Finance Limited: Update on material event

Shriram Finance Limited: Update on material event

20 Dec 2024

Shriram Finance Limited: Rating withdrawn for PTCs issued under vehicle loan securitisation transactions

Shriram Finance Limited: Rating withdrawn for PTCs issued under vehicle loan securitisation transactions

11 Dec 2024

Shriram Finance Limited: Rating actions for five PTCs issued under vehicle loan securitisation transactions

Shriram Finance Limited: Rating actions for five PTCs issued under vehicle loan securitisation transactions

09 Dec 2024

Shriram Finance Limited: Provisional ratings assigned to PTCs backed by vehicle and construction equipment loan receivables issued by Sansar Aug 2024 X Trust

Shriram Finance Limited: Provisional ratings assigned to PTCs backed by vehicle and construction equipment loan receivables issued by Sansar Aug 2024 X Trust

28 Nov 2024

Shriram Finance Limited: Provisional ratings assigned to PTCs backed by vehicle and construction equipment loan receivables issued by Sansar Oct 2024 III Trust

Shriram Finance Limited: Provisional ratings assigned to PTCs backed by vehicle and construction equipment loan receivables issued by Sansar Oct 2024 III Trust

29 Oct 2024

Shriram Finance Limited: Ratings reaffirmed for two PTC transactions and rating withdrawn for one PTC transaction issued under vehicle loan securitisation

Shriram Finance Limited: Ratings reaffirmed for two PTC transactions and rating withdrawn for one PTC transaction issued under vehicle loan securitisation

29 Oct 2024

Shriram Finance Limited: Rating reaffirmed for assignee payouts issued under four vehicle loan securitisation transactions

Shriram Finance Limited: Rating reaffirmed for assignee payouts issued under four vehicle loan securitisation transactions


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Entity-Specific Credit Perspective Reports

02 Jan 2025

Shriram Finance Limited

Shriram Finance Limited (SF)

09 Dec 2024

Shriram Finance Limited

Shriram Finance Limited (SF)

29 Nov 2024

Shriram Finance Limited

Shriram Finance Limited (SF)

25 Sep 2024

Shriram Finance Limited

Shriram Finance Limited (SF)

03 Jul 2024

Shriram Finance Limited

Shriram Finance Limited (SF)

08 Apr 2024

Shriram Finance Limited

Shriram Finance Limited (SF)

28 Feb 2024

Shriram Finance Limited

Shriram Finance Limited (SF)

13 Feb 2024

Shriram Finance Limited

Shriram Finance Limited (SF)

12 Feb 2024

Shriram Finance Limited

Shriram Finance Limited (Non-SF)

29 Dec 2023

Shriram Finance Limited

Shriram Finance Limited (SF)


Ratings

Description
Short Term
Medium Term
Long Term
Issuer
PTC Series A -- -- Withdrawn --
Non Convertible Debenture -- -- [ICRA]AA+(Stable) --
Series A1 PTC -- -- Provisional [ICRA]AAA (SO) --
Series A2 PTC -- -- Provisional [ICRA]A- (SO) --
PTC Series A -- -- Withdrawn --
Second Loss Facility -- -- Withdrawn --
PTC Series A1(c) -- -- Withdrawn --
PTC Series A1(d) -- -- Withdrawn --
Second Loss Facility -- -- Withdrawn --
Series A1 PTCs -- -- [ICRA]AAA(SO) --

Our Analysts

Analyst 1

Priya Gounder

Analyst 2

Diptajyoti Banik

Sector Head

Abhishek Dafria
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