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Entity-Specific Rating Rationales

11 Jul 2025

Arthan Finance Private Limited: Rating upgraded for PTCs issued under a secured MSME loans securitisation transaction

Arthan Finance Private Limited: Rating upgraded for PTCs issued under a secured MSME loans securitisation transaction

07 Jul 2025

Arthan Finance Private Limited: [ICRA]BB+ (Stable) assigned

Arthan Finance Private Limited: [ICRA]BB+ (Stable) assigned

20 Mar 2025

Arthan Finance Private Limited: Rating upgraded for PTCs issued under a secured MSME loans securitisation transaction

Arthan Finance Private Limited: Rating upgraded for PTCs issued under a secured MSME loans securitisation transaction

04 Jul 2024

Arthan Finance Private Limited: Rating confirmed as final for PTCs backed by secured MSME loan receivables issued by Jade 03 2024

Arthan Finance Private Limited: Rating confirmed as final for PTCs backed by secured MSME loan receivables issued by Jade 03 2024

02 Apr 2024

Arthan Finance Private Limited: Provisional [ICRA]BBB(SO) assigned to Series A1 PTC backed by secured business loan receivables issued by Jade 03 2024

Arthan Finance Private Limited: Provisional [ICRA]BBB(SO) assigned to Series A1 PTC backed by secured business loan receivables issued by Jade 03 2024

20 Mar 2024

Arthan Finance Private Limited: Rating confirmed as final for PTCs backed by secured MSME loan receivables issued by 2023 SBL MISSOURI

Arthan Finance Private Limited: Rating confirmed as final for PTCs backed by secured MSME loan receivables issued by 2023 SBL MISSOURI

05 Jan 2024

Arthan Finance Private Limited: Provisional [ICRA]BBB(SO) assigned to Series A PTC backed by secured business loan receivables issued by 2023 SBL MISSOURI

Arthan Finance Private Limited: Provisional [ICRA]BBB(SO) assigned to Series A PTC backed by secured business loan receivables issued by 2023 SBL MISSOURI

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Entity-Specific Credit Perspective Reports

22 Apr 2024

Arthan Finance Private Limited

Arthan Finance Private Limited (SF)

18 Jan 2024

Arthan Finance Private Limited

Arthan Finance Private Limited (SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Series A1 PTC -- -- [ICRA]BBB+(SO) --
Long-term fund-based bank facilities -- -- [ICRA]BB+(Stable) --
Series A PTC -- -- [ICRA]BBB+(SO) --

Our Analysts

Analyst 1

Pratik Vora

Analyst 2

Sumit Pramanik

Sector Head

Abhishek Dafria
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