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Entity-Specific Rating Rationales

15 Sep 2025

Muthoot Microfin Limited: Provisional [ICRA]AA-(SO) assigned to PTC Series A1 issued by Rolls-Royce Sep 2025, backed by a pool of microfinance loan receivables

Muthoot Microfin Limited: Provisional [ICRA]AA-(SO) assigned to PTC Series A1 issued by Rolls-Royce Sep 2025, backed by a pool of microfinance loan receivables

11 Sep 2025

Muthoot Microfin Limited: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by 2025 MFI Adenauer

Muthoot Microfin Limited: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by 2025 MFI Adenauer

02 Sep 2025

Muthoot Microfin Limited: Provisional [ICRA]AA+(SO) assigned to PTC Series A1 issued by PANSY 05 2025, backed by a pool of microfinance loan receivables

Muthoot Microfin Limited: Provisional [ICRA]AA+(SO) assigned to PTC Series A1 issued by PANSY 05 2025, backed by a pool of microfinance loan receivables

20 Aug 2025

Muthoot Microfin Limited: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Jerrick Trust 10 2024

Muthoot Microfin Limited: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Jerrick Trust 10 2024

31 Jul 2025

Muthoot Microfin Limited: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Olympus 07

Muthoot Microfin Limited: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Olympus 07

14 Jul 2025

Muthoot Microfin Limited: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by 2025 MFI Weimar

Muthoot Microfin Limited: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by 2025 MFI Weimar

11 Jul 2025

Muthoot Microfin Limited: Provisional [ICRA]AA+(SO) assigned to PTC Series A1 issued by Olympus 07, backed by a pool of microfinance loan receivables

Muthoot Microfin Limited: Provisional [ICRA]AA+(SO) assigned to PTC Series A1 issued by Olympus 07, backed by a pool of microfinance loan receivables

30 Jun 2025

Muthoot Microfin Limited: Provisional [ICRA]AA+(SO) assigned to PTC Series A1 issued by 2025 MFI Adenauer, backed by a pool of microfinance loan receivables

Muthoot Microfin Limited: Provisional [ICRA]AA+(SO) assigned to PTC Series A1 issued by 2025 MFI Adenauer, backed by a pool of microfinance loan receivables

16 Jun 2025

Muthoot Microfin Limited: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by SNAPDRONE 04 2025

Muthoot Microfin Limited: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by SNAPDRONE 04 2025

06 Jun 2025

Muthoot Microfin Limited: Provisional [ICRA]AA-(SO) assigned to PTC Series A1 issued by Jerrick Trust 10 2024, backed by a pool of microfinance loan receivables

Muthoot Microfin Limited: Provisional [ICRA]AA-(SO) assigned to PTC Series A1 issued by Jerrick Trust 10 2024, backed by a pool of microfinance loan receivables


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Entity-Specific Credit Perspective Reports

18 Sep 2025

Muthoot Microfin Limited

Muthoot Microfin Limited (SF)

04 Sep 2025

Muthoot Microfin Limited

Muthoot Microfin Limited (SF)

14 Jul 2025

Muthoot Microfin Limited

Muthoot Microfin Limited (SF)

01 Jul 2025

Muthoot Microfin Limited

Muthoot Microfin Limited (SF)

06 Jun 2025

Muthoot Microfin Limited

Muthoot Microfin Limited (SF)

02 Jun 2025

Muthoot Microfin Limited

Muthoot Microfin Limited (SF)

05 May 2025

Muthoot Microfin Limited

Muthoot Microfin Limited (SF)

03 Apr 2025

Muthoot Microfin Limited

Muthoot Microfin Limited (SF)

03 Apr 2025

Muthoot Microfin Limited

Muthoot Microfin Limited (SF)

02 Dec 2024

Muthoot Microfin Limited

Muthoot Microfin Limited (SF)


Ratings

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

Our Analysts

Analyst 1

Samratsingh Hazari

Analyst 2

Abhishek Jena

Sector Head

Manushree Sagar
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