ICRA An Affiliate of Moody's

23 Oct 2025

Bajaj Finance Ltd.: Provisional [ICRA]AAA(SO) assigned to PTCs backed by new and used passenger vehicle loan receivables issued by Pharaoh October 2025 Series Trust

16 Jun 2025

Bajaj Finance Ltd.: Rating confirmed as final for PTCs backed by new passenger vehicle loan receivables issued by Pharaoh PTC Mar 2025 Series I Trust

08 Apr 2025

Bajaj Finance Ltd.: [ICRA]AAA (Stable) assigned to Rs. 15,000-crore NCD programme; ratings reaffirmed

11 Mar 2025

Bajaj Finance Ltd.: Provisional [ICRA]AAA(SO) assigned to PTCs backed by new passenger vehicle loan receivables issued by Pharaoh PTC Mar 2025 Series I Trust

25 Oct 2024

Bajaj Finance Ltd.: Ratings reaffirmed; [ICRA]AAA (Stable) assigned to Rs. 10,000-crore NCD programme and rating withdrawn for Rs. 452.50-crore sub-debt programme

07 May 2024

Bajaj Finance Ltd.: Ratings reaffirmed; rated amount enhanced for CP programme

18 Oct 2023

Bajaj Finance Ltd.: Ratings reaffirmed; rated amount enhanced

06 Jun 2023

Bajaj Finance Ltd.: Ratings reaffirmed; rating reaffirmed and simultaneously withdrawn for Rs. 8-crore NCDs and Rs. 99.7-crore subordinated debt

Description	Short Term	Medium Term	Long Term	Issuer
Series A1 PTC	--	--	Provisional [ICRA]AAA(SO)	--
Series A1 PTC	--	--	[ICRA]AAA(SO)	--
Non-Convertible Debenture	--	--	[ICRA]AAA(Stable)	--
Subordinated Debt	--	--	[ICRA]AAA(Stable)	--
Commercial Paper	[ICRA]A1+	--	--	--
Fixed Deposit	--	--	[ICRA]AAA(Stable)	--

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