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Entity-Specific Rating Rationales

25 May 2026

Muthoot Microfin Limited: Ratings reaffirmed for PTCs issued under two microfinance loan securitisation transactions

Muthoot Microfin Limited: Ratings reaffirmed for PTCs issued under two microfinance loan securitisation transactions

22 Dec 2025

Muthoot Microfin Limited: Rating upgraded for PTCs issued under microfinance loan securitisation transaction

Muthoot Microfin Limited: Rating upgraded for PTCs issued under microfinance loan securitisation transaction

08 Dec 2025

Muthoot Microfin Limited: Rating reaffirmed for PTCs issued under microfinance loan securitisation transaction

Muthoot Microfin Limited: Rating reaffirmed for PTCs issued under microfinance loan securitisation transaction

13 Nov 2025

Muthoot Microfin Limited: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by PANSY 05 2025

Muthoot Microfin Limited: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by PANSY 05 2025

17 Oct 2025

Muthoot Microfin Limited: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Rolls-Royce Sep 2025

Muthoot Microfin Limited: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Rolls-Royce Sep 2025

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


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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 -- -- [ICRA]AA-(SO) --
PTC Series A1 -- -- [ICRA]AA+(SO) --
PTC Series A1 -- -- [ICRA]AAA(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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