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Entity-Specific Rating Rationales

24 Sep 2025

Chaitanya India Fin Credit Private Limited: Provisional [ICRA]AA+(SO) assigned to PTC Series A1 issued by Mclaren 2025, backed by a pool of microfinance loan receivables

Chaitanya India Fin Credit Private Limited: Provisional [ICRA]AA+(SO) assigned to PTC Series A1 issued by Mclaren 2025, backed by a pool of microfinance loan receivables

14 Mar 2024

Chaitanya India Fin Credit Private Limited: Rating withdrawn for PTCs backed by microfinance loan securitisation transactions

Chaitanya India Fin Credit Private Limited: Rating withdrawn for PTCs backed by microfinance loan securitisation transactions

29 Dec 2023

Chaitanya India Fin Credit Private Limited: Rating upgraded for PTCs backed by microfinance loan receivables issued by Nimbus 2022 MFI Starfox

Chaitanya India Fin Credit Private Limited: Rating upgraded for PTCs backed by microfinance loan receivables issued by Nimbus 2022 MFI Starfox

27 Jan 2023

Chaitanya India Fin Credit Private Limited: Ratings reaffirmed and withdrawn

Chaitanya India Fin Credit Private Limited: Ratings reaffirmed and withdrawn

13 Dec 2022

Chaitanya India Fin Credit Private Limited: Rating confirmed as final to Series A1 PTC backed by microfinance loan receivables issued by Nimbus 2022 MFI Starfox

Chaitanya India Fin Credit Private Limited: Rating confirmed as final to Series A1 PTC backed by microfinance loan receivables issued by Nimbus 2022 MFI Starfox

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Entity-Specific Credit Perspective Reports

29 Sep 2025

Chaitanya India Fin Credit Private Limited

Chaitanya India Fin Credit Private Limited (SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
PTC Series A1 -- -- Provisional [ICRA]AA+(SO) --
Series A1 PTC -- -- Withdrawn --
Term Loan -- -- Withdrawn --
Subordinated Debt -- -- Withdrawn --
Non-Convertible Debenture -- -- Withdrawn --
Market Linked Non-Convertible Debenture -- -- Withdrawn --
Commercial Paper Withdrawn -- -- --
Cash Credit -- -- Withdrawn --
PTC Series A1 -- -- * --
PTC Series A2 -- -- * --

Our Analysts

Analyst 1

Swapnali Chavan

Analyst 2

Gaurav Mashalkar

Sector Head

Manushree Sagar
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