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Entity-Specific Rating Rationales

06 Feb 2026

JM Financial Credit Solutions Limited: Ratings reaffirmed; rated amount enhanced and rating withdrawn for matured instruments

JM Financial Credit Solutions Limited: Ratings reaffirmed; rated amount enhanced and rating withdrawn for matured instruments

31 Dec 2025

JM Financial Credit Solutions Limited: Ratings reaffirmed; rating withdrawn for matured instruments and rated amount reduced

JM Financial Credit Solutions Limited: Ratings reaffirmed; rating withdrawn for matured instruments and rated amount reduced

03 Jan 2025

JM Financial Credit Solutions Limited: [ICRA]AA (Stable) assigned to NCD programme; Ratings reaffirmed

JM Financial Credit Solutions Limited: [ICRA]AA (Stable) assigned to NCD programme; Ratings reaffirmed

15 Jul 2024

JM Financial Credit Solutions Limited: Update on Material Event

JM Financial Credit Solutions Limited: Update on Material Event

05 Jul 2024

JM Financial Credit Solutions Limited: [ICRA]AA (Stable) assigned to NCD programme; Ratings reaffirmed

JM Financial Credit Solutions Limited: [ICRA]AA (Stable) assigned to NCD programme; Ratings reaffirmed

10 May 2024

JM Financial Credit Solutions Limited: Rating withdrawn for matured instrument

JM Financial Credit Solutions Limited: Rating withdrawn for matured instrument

14 Mar 2024

JM Financial Credit Solutions Limited: Update on Material Event

JM Financial Credit Solutions Limited: Update on Material Event

20 Oct 2023

JM Financial Credit Solutions Limited: Ratings reaffirmed, rated amount enhanced and [ICRA]AA (Stable) assigned to NCD programme

JM Financial Credit Solutions Limited: Ratings reaffirmed, rated amount enhanced and [ICRA]AA (Stable) assigned to NCD programme

05 May 2023

JM Financial Credit Solutions Limited: Ratings reaffirmed

JM Financial Credit Solutions Limited: Ratings reaffirmed

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Entity-Specific Credit Perspective Reports

02 Feb 2026

JM Financial Credit Solutions Limited

JM Financial Credit Solutions Limited (Non-SF)

04 Feb 2025

JM Financial Credit Solutions Limited

JM Financial Credit Solutions Limited (Non-SF)

20 Nov 2023

JM Financial Credit Solutions Limited

JM Financial Credit Solutions Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Commercial Paper [ICRA]A1+ -- -- --
Non-Convertible Debenture -- -- [ICRA]AA(Stable) --
Long term Market Linked Debentures (Principal Protected) -- -- Withdrawn --
Long-term fund-based bank lines -- -- [ICRA]AA(Stable) --

Our Analysts

Analyst 1

Komal M Mody

Analyst 2

Deep Inder Singh

Sector Head

Karthik Srinivasan
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