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Entity-Specific Rating Rationales

15 Jan 2026

Cholamandalam Investment and Finance Company Limited: Ratings withdrawn for PTCs issued under vehicle loan receivables transactions

Cholamandalam Investment and Finance Company Limited: Ratings withdrawn for PTCs issued under vehicle loan receivables transactions

31 Dec 2025

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST DEC 2025 - TRANCHE IV; Provisional [ICRA]A-(SO) assigned to second loss facility

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST DEC 2025 - TRANCHE IV; Provisional [ICRA]A-(SO) assigned to second loss facility

26 Dec 2025

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST DEC 2025 – TRANCHE I; Provisional [ICRA]A-(SO) assigned to second loss facility

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST DEC 2025 – TRANCHE I; Provisional [ICRA]A-(SO) assigned to second loss facility

22 Dec 2025

Cholamandalam Investment and Finance Company Limited: Rating confirmed as final for PTCs backed by a pool of vehicle loan receivables

Cholamandalam Investment and Finance Company Limited: Rating confirmed as final for PTCs backed by a pool of vehicle loan receivables

17 Dec 2025

Cholamandalam Investment and Finance Company Limited: Ratings withdrawn for PTCs issued under vehicle loan receivables transaction

Cholamandalam Investment and Finance Company Limited: Ratings withdrawn for PTCs issued under vehicle loan receivables transaction

28 Nov 2025

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed; rated amount enhanced

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed; rated amount enhanced

27 Nov 2025

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed for PTCs issued under three vehicle loan securitisation transactions

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed for PTCs issued under three vehicle loan securitisation transactions

21 Nov 2025

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by vehicle loan receivables issued by Platinum Trust Nov 2025 - Tranche II

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by vehicle loan receivables issued by Platinum Trust Nov 2025 - Tranche II

24 Oct 2025

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed for PTCs issued under three vehicle loan securitisation transactions

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed for PTCs issued under three vehicle loan securitisation transactions

17 Oct 2025

Cholamandalam Investment and Finance Company Limited: Ratings confirmed as final for PTCs backed by a pool of vehicle loan receivables

Cholamandalam Investment and Finance Company Limited: Ratings confirmed as final for PTCs backed by a pool of vehicle loan receivables


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Entity-Specific Credit Perspective Reports

12 Jan 2026

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (SF)

08 Jan 2026

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (SF)

08 Dec 2025

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (SF)

11 Nov 2025

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (Non-SF)

13 Oct 2025

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (SF)

23 Sep 2025

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (SF)

11 Aug 2025

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (SF)

03 Jul 2025

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (SF)

02 Jun 2025

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (SF)

07 May 2025

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (SF)


Ratings

Description
Short Term
Medium Term
Long Term
Issuer
PTC Series A -- -- Withdrawn --
Second Loss Facility -- -- Withdrawn --
PTC Series A -- -- Withdrawn --
Second Loss Facility -- -- Withdrawn --
PTC Series A -- -- Provisional [ICRA]AAA (SO) --
Second Loss Facility -- -- Provisional [ICRA]A- (SO) --
PTC Series A -- -- Provisional [ICRA]AAA (SO) --
Second Loss Facility -- -- Provisional [ICRA]A- (SO) --
Series A1 PTC -- -- [ICRA]AAA(SO) --
PTC Series A -- -- Withdrawn --

Our Analysts

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Abhishek Jena

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Sumit Pramanik

Sector Head

Manushree Sagar
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