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Entity-Specific Rating Rationales

17 Jun 2025

Shriram Finance Limited: Rating withdrawn for PTCs issued under vehicle loan securitisation transaction

Shriram Finance Limited: Rating withdrawn for PTCs issued under vehicle loan securitisation transaction

13 Jun 2025

Shriram Finance Limited: Ratings reaffirmed for PTCs issued under two vehicle loan securitisation transactions

Shriram Finance Limited: Ratings reaffirmed for PTCs issued under two vehicle loan securitisation transactions

23 May 2025

Shriram Finance Limited: Ratings reaffirmed for PTCs issued under three vehicle loan securitisation transactions

Shriram Finance Limited: Ratings reaffirmed for PTCs issued under three vehicle loan securitisation transactions

15 May 2025

Shriram Finance Limited: Ratings confirmed as final for PTCs backed by vehicle, equipment and tractor loan receivables issued by Sansar Feb 2025 Trust

Shriram Finance Limited: Ratings confirmed as final for PTCs backed by vehicle, equipment and tractor loan receivables issued by Sansar Feb 2025 Trust

06 May 2025

Shriram Finance Limited: Ratings confirmed as final for PTCs backed by vehicle, tractor and construction equipment loan receivables issued by Sansar March 2025 Trust

Shriram Finance Limited: Ratings confirmed as final for PTCs backed by vehicle, tractor and construction equipment loan receivables issued by Sansar March 2025 Trust

24 Apr 2025

Shriram Finance Limited: Ratings reaffirmed for PTCs issued under secured MSME loan securitisation transaction

Shriram Finance Limited: Ratings reaffirmed for PTCs issued under secured MSME loan securitisation transaction

21 Apr 2025

Shriram Finance Limited: Ratings reaffirmed for PTCs issued under vehicle loan securitisation transaction

Shriram Finance Limited: Ratings reaffirmed for PTCs issued under vehicle loan securitisation transaction

24 Mar 2025

Shriram Finance Limited: Provisional ratings assigned to PTCs backed by vehicle loan receivables issued by Sansar March 2025 Trust

Shriram Finance Limited: Provisional ratings assigned to PTCs backed by vehicle loan receivables issued by Sansar March 2025 Trust

21 Mar 2025

Shriram Finance Limited: Ratings confirmed as final for PTCs backed by vehicle loan receivables issued by Sansar Dec 2024 IV Trust

Shriram Finance Limited: Ratings confirmed as final for PTCs backed by vehicle loan receivables issued by Sansar Dec 2024 IV Trust

19 Mar 2025

Shriram Finance Limited: Ratings reaffirmed for PTCs issued under six vehicle loan securitisation transactions

Shriram Finance Limited: Ratings reaffirmed for PTCs issued under six vehicle loan securitisation transactions


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Entity-Specific Credit Perspective Reports

24 Mar 2025

Shriram Finance Limited

Shriram Finance Limited (SF)

04 Mar 2025

Shriram Finance Limited

Shriram Finance Limited (SF)

10 Feb 2025

Shriram Finance Limited

Shriram Finance Limited (Non-SF)

02 Jan 2025

Shriram Finance Limited

Shriram Finance Limited (SF)

09 Dec 2024

Shriram Finance Limited

Shriram Finance Limited (SF)

29 Nov 2024

Shriram Finance Limited

Shriram Finance Limited (SF)

25 Sep 2024

Shriram Finance Limited

Shriram Finance Limited (SF)

03 Jul 2024

Shriram Finance Limited

Shriram Finance Limited (SF)

08 Apr 2024

Shriram Finance Limited

Shriram Finance Limited (SF)

28 Feb 2024

Shriram Finance Limited

Shriram Finance Limited (SF)


Ratings

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

Our Analysts

Analyst 1

Rushabh Gohel

Analyst 2

Anubha Rustagi

Sector Head

Abhishek Dafria
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