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Entity-Specific Rating Rationales

20 Mar 2026

Veritas Finance Limited: Rating actions for PTCs issued under small business loan and home construction loan securitisation transactions

Veritas Finance Limited: Rating actions for PTCs issued under small business loan and home construction loan securitisation transactions

05 Feb 2026

Veritas Finance Limited: Rating confirmed as final for PTCs backed by secured business loan and home construction loan receivables issued by Vajra 018 Trust

Veritas Finance Limited: Rating confirmed as final for PTCs backed by secured business loan and home construction loan receivables issued by Vajra 018 Trust

02 Feb 2026

Veritas Finance Limited: Provisional [ICRA]AA+(SO) rating assigned to PTCs backed by secured business loan and home construction loan receivables issued by Vajra 018 Trust

Veritas Finance Limited: Provisional [ICRA]AA+(SO) rating assigned to PTCs backed by secured business loan and home construction loan receivables issued by Vajra 018 Trust

16 Dec 2025

Veritas Finance Limited: Rating reaffirmed for PTCs issued under small business loan and home construction loan securitisation transaction

Veritas Finance Limited: Rating reaffirmed for PTCs issued under small business loan and home construction loan securitisation transaction

16 Oct 2025

Veritas Finance Limited: Rating reaffirmed for PTCs issued under a small business loan and home construction loan securitisation transaction

Veritas Finance Limited: Rating reaffirmed for PTCs issued under a small business loan and home construction loan securitisation transaction

22 Sep 2025

Veritas Finance Limited: Rating reaffirmed for PTCs issued under a small business loan and home construction loan securitisation transaction

Veritas Finance Limited: Rating reaffirmed for PTCs issued under a small business loan and home construction loan securitisation transaction

22 Aug 2025

Veritas Finance Limited: Rating reaffirmed for PTCs issued under a small business loan and home construction loan securitisation transaction

Veritas Finance Limited: Rating reaffirmed for PTCs issued under a small business loan and home construction loan securitisation transaction

22 Aug 2025

Veritas Finance Limited: Rating reaffirmed for PTCs issued under a small business loan and home construction loan securitisation transaction

Veritas Finance Limited: Rating reaffirmed for PTCs issued under a small business loan and home construction loan securitisation transaction

18 Jul 2025

Veritas Finance Limited: Rating action for PTCs issued under small business loan and home construction loan securitisation transactions

Veritas Finance Limited: Rating action for PTCs issued under small business loan and home construction loan securitisation transactions

18 Jul 2025

Veritas Finance Limited: Rating action for PTCs issued under small business loan and home construction loan securitisation transaction

Veritas Finance Limited: Rating action for PTCs issued under small business loan and home construction loan securitisation transaction


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Entity-Specific Credit Perspective Reports

02 Feb 2026

Veritas Finance Limited

Veritas Finance Limited (SF)

10 Oct 2024

Veritas Finance Limited

Veritas Finance Limited (SF)

12 Aug 2024

Veritas Finance Limited

Veritas Finance Limited (SF)

28 Jun 2024

Veritas Finance Limited

Veritas Finance Limited (SF)

27 Jun 2024

Veritas Finance Limited

Veritas Finance Limited (SF)

25 Mar 2024

Veritas Finance Limited

Veritas Finance Limited (SF)

22 Mar 2024

Veritas Finance Limited

Veritas Finance Limited (SF)

22 Mar 2024

Veritas Finance Limited

Veritas Finance Limited (SF)

28 Feb 2024

Veritas Finance Limited

Veritas Finance Limited (SF)

30 Nov 2023

Veritas Finance Limited

Veritas Finance Limited (SF)


Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Series A1 PTC -- -- Withdrawn --
Series A1 PTC -- -- [ICRA]AAA(SO) --
Series A1 PTC -- -- [ICRA]AAA(SO) --
Series A2 PTC -- -- [ICRA]AAA(SO) --
Series A1 PTC -- -- [ICRA]AA+(SO) --
Series A1 PTC -- -- [ICRA]AAA(SO) --
Series A1 PTC -- -- [ICRA]AA+(SO) --
Series A1 PTC -- -- [ICRA]AAA(SO) --
Series A1 PTC -- -- [ICRA]AAA(SO) --
Series A2 PTC -- -- [ICRA]AAA(SO) --

Our Analysts

Analyst 1

Ekta Baheti

Analyst 2

Sumit Pramanik

Sector Head

Manushree Sagar
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