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Entity-Specific Rating Rationales

11 Feb 2025

Vedika Credit Capital Ltd: Rating upgraded for SNs issued under a microfinance loan securitisation transaction

Vedika Credit Capital Ltd: Rating upgraded for SNs issued under a microfinance loan securitisation transaction

24 Jan 2025

Vedika Credit Capital Ltd: Provisional [ICRA]A-(SO) assigned to PTC Series A1 backed by a pool of microfinance loan receivables issued by HERA 2025

Vedika Credit Capital Ltd: Provisional [ICRA]A-(SO) assigned to PTC Series A1 backed by a pool of microfinance loan receivables issued by HERA 2025

14 Nov 2024

Vedika Credit Capital Ltd: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Achilles 2024

Vedika Credit Capital Ltd: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Achilles 2024

17 Oct 2024

Vedika Credit Capital Ltd: Rating withdrawn for PTCs issued under micro finance loan receivables

Vedika Credit Capital Ltd: Rating withdrawn for PTCs issued under micro finance loan receivables

19 Sep 2024

Vedika Credit Capital Ltd: Provisional [ICRA]A-(SO) assigned to PTC Series A1 backed by a pool of microfinance loan receivables issued by Achilles 2024

Vedika Credit Capital Ltd: Provisional [ICRA]A-(SO) assigned to PTC Series A1 backed by a pool of microfinance loan receivables issued by Achilles 2024

09 Aug 2024

Vedika Credit Capital Ltd: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Plutus 2024

Vedika Credit Capital Ltd: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Plutus 2024

31 Jul 2024

Vedika Credit Capital Ltd: Rating withdrawn for PTC issued under a microfinance loan securitisation transaction

Vedika Credit Capital Ltd: Rating withdrawn for PTC issued under a microfinance loan securitisation transaction

12 Jul 2024

Vedika Credit Capital Ltd: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Apollo 2024

Vedika Credit Capital Ltd: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Apollo 2024

03 Jun 2024

Vedika Credit Capital Ltd: Provisional [ICRA]A-(SO) assigned to PTC Series A1 issued by Plutus 2024, backed by a pool of microfinance loan receivables

Vedika Credit Capital Ltd: Provisional [ICRA]A-(SO) assigned to PTC Series A1 issued by Plutus 2024, backed by a pool of microfinance loan receivables

27 May 2024

Vedika Credit Capital Ltd: Ratings upgraded for PTCs issued under microfinance loan securitisation transactions

Vedika Credit Capital Ltd: Ratings upgraded for PTCs issued under microfinance loan securitisation transactions


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Entity-Specific Credit Perspective Reports

24 Jan 2025

Vedika Credit Capital Ltd

Vedika Credit Capital Ltd (SF)

19 Sep 2024

Vedika Credit Capital Ltd

Vedika Credit Capital Ltd (SF)

03 Jun 2024

Vedika Credit Capital Ltd

Vedika Credit Capital Ltd (SF)

28 Mar 2024

Vedika Credit Capital Ltd

Vedika Credit Capital Ltd (SF)

24 Mar 2023

Vedika Credit Capital Ltd

Vedika Credit Capital Ltd (SF)

10 Nov 2022

Vedika Credit Capital Ltd

Vedika Credit Capital Ltd (SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Series A1 SN -- -- [ICRA]A+(SO) --
PTC Series A1 -- -- Provisional [ICRA]A- (SO) --
PTC Series A1 -- -- [ICRA]A-(SO) --
PTC Series A1 -- -- Withdrawn --
PTC Series A1 -- -- [ICRA]A-(SO) --
PTC Series A1 -- -- Withdrawn --
PTC Series A1 -- -- [ICRA]A-(SO) --
PTC Series A1 -- -- [ICRA]A(SO) --
PTC Series A1 -- -- [ICRA]A(SO) --
PTC Series A1 -- -- [ICRA]A-(SO) --

Our Analysts

Analyst 1

Tina Parekh

Analyst 2

Sumit Pramanik

Sector Head

Abhishek Dafria
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