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Entity-Specific Rating Rationales

26 Mar 2025

Power Finance Corporation Ltd.: Ratings reaffirmed; rated amount enhanced

Power Finance Corporation Ltd.: Ratings reaffirmed; rated amount enhanced

26 Mar 2024

Power Finance Corporation Ltd.: [ICRA]AAA (Stable)/[ICRA]A1+ assigned; rated amount enhanced; ratings reaffirmed and withdrawn for other instruments

Power Finance Corporation Ltd.: [ICRA]AAA (Stable)/[ICRA]A1+ assigned; rated amount enhanced; ratings reaffirmed and withdrawn for other instruments

29 Jan 2024

Power Finance Corporation Ltd.: [ICRA]AAA (Stable)/[ICRA]A1+ assigned; [ICRA]AA+ (Stable) withdrawn and earlier ratings reaffirmed

Power Finance Corporation Ltd.: [ICRA]AAA (Stable)/[ICRA]A1+ assigned; [ICRA]AA+ (Stable) withdrawn and earlier ratings reaffirmed

26 Oct 2023

Power Finance Corporation Ltd.: Ratings reaffirmed; rated amount enhanced

Power Finance Corporation Ltd.: Ratings reaffirmed; rated amount enhanced

21 Sep 2023

Power Finance Corporation Ltd.: ratings reaffirmed, rated amount enhanced

Power Finance Corporation Ltd.: ratings reaffirmed, rated amount enhanced

30 Mar 2023

Power Finance Corporation Ltd.: ratings reaffirmed, and rated amount enhanced

Power Finance Corporation Ltd.: ratings reaffirmed, and rated amount enhanced

09 Feb 2023

Power Finance Corporation Ltd.: ratings reaffirmed, and rated amount enhanced

Power Finance Corporation Ltd.: ratings reaffirmed, and rated amount enhanced

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Entity-Specific Credit Perspective Reports

30 Apr 2025

Power Finance Corporation Ltd.

Power Finance Corporation Ltd. (Non-SF)

30 Nov 2023

Power Finance Corporation Ltd.

Power Finance Corporation Ltd. (Non-SF)

30 May 2022

Power Finance Corporation Ltd.

Power Finance Corporation Ltd. (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
LT/ST borrowing programme of earlier years [ICRA]A1+ -- [ICRA]AAA(Stable) --
Long-term borrowing programme of earlier years -- -- [ICRA]AAA(Stable) --
Long-term borrowing programme FY2026 -- -- [ICRA]AAA(Stable) --
Short-term borrowing programme FY2026 [ICRA]A1+ -- -- --
LT/ST borrowing programme of FY2026 [ICRA]A1+ -- [ICRA]AAA(Stable) --
Short-term borrowing programme or earlier years [ICRA]A1+ -- -- --
LT/ST borrowing programme of earlier years [ICRA]A1+ -- [ICRA]AAA(Stable) --
Long-term borrowing programme FY2025 -- -- [ICRA]AAA(Stable) --
Short-term borrowing programme FY2025 [ICRA]A1+ -- -- --
LT/ST borrowing programme of FY2025 [ICRA]A1+ -- [ICRA]AAA(Stable) --

Our Analysts

Analyst 1

Mishi Yadav

Analyst 2

Sandeep Sharma

Sector Head

Karthik Srinivasan
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08 Apr 2025 04:00 PM

ICRA Webinar on the Indian Banking Sector - Regulatory easing to support credit growth in FY2026; asset quality remains monitorable

--By Mr Karthik Srinivasan,Mr Anil Gupta,Mr Sachin Sachdeva
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03 Apr 2025 04:00 PM

ICRA Webinar on Outlook FY2026

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