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Entity-Specific Rating Rationales

24 Jul 2025

Sundaram Finance Limited: Rating reaffirmed for PTCs issued under vehicle loan securitisation transaction

Sundaram Finance Limited: Rating reaffirmed for PTCs issued under vehicle loan securitisation transaction

09 Jul 2025

Sundaram Finance Limited: Ratings reaffirmed; [ICRA]AAA (Stable)/[ICRA]A1+ assigned to enhanced limits

Sundaram Finance Limited: Ratings reaffirmed; [ICRA]AAA (Stable)/[ICRA]A1+ assigned to enhanced limits

23 Jun 2025

Sundaram Finance Limited: Rating reaffirmed for PTCs issued under three vehicle loan securitisation transactions

Sundaram Finance Limited: Rating reaffirmed for PTCs issued under three vehicle loan securitisation transactions

28 May 2025

Sundaram Finance Limited: Rating reaffirmed for PTCs issued under three vehicle loan securitisation transactions

Sundaram Finance Limited: Rating reaffirmed for PTCs issued under three vehicle loan securitisation transactions

27 May 2025

Sundaram Finance Limited: Rating confirmed as final for PTCs backed by pool of commercial vehicles, construction equipment and machinery loan receivables issued by Shri Trust BM 2025

Sundaram Finance Limited: Rating confirmed as final for PTCs backed by pool of commercial vehicles, construction equipment and machinery loan receivables issued by Shri Trust BM 2025

27 May 2025

Sundaram Finance Limited: Rating confirmed as final for PTCs backed by pool of commercial vehicles, construction equipment and machinery loan receivables issued by Shri Trust BL 2025

Sundaram Finance Limited: Rating confirmed as final for PTCs backed by pool of commercial vehicles, construction equipment and machinery loan receivables issued by Shri Trust BL 2025

27 May 2025

Sundaram Finance Limited: Rating confirmed as final for PTCs backed by pool of commercial vehicles, tractor and farm equipment loan receivables issued by Shri Trust BK 2025

Sundaram Finance Limited: Rating confirmed as final for PTCs backed by pool of commercial vehicles, tractor and farm equipment loan receivables issued by Shri Trust BK 2025

29 Apr 2025

Sundaram Finance Limited: Rating withdrawn for PTCs issued under three vehicle loan securitisation transactions

Sundaram Finance Limited: Rating withdrawn for PTCs issued under three vehicle loan securitisation transactions

27 Mar 2025

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by a pool of commercial vehicle, construction equipment and machinery loan receivables issued by Shri Trust BL 2025

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by a pool of commercial vehicle, construction equipment and machinery loan receivables issued by Shri Trust BL 2025

27 Mar 2025

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by a pool of commercial vehicle, construction equipment and machinery loan receivables issued by Shri Trust BM 2025

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by a pool of commercial vehicle, construction equipment and machinery loan receivables issued by Shri Trust BM 2025


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Entity-Specific Credit Perspective Reports

27 Mar 2025

Sundaram Finance Limited

Sundaram Finance Limited (SF)

27 Mar 2025

Sundaram Finance Limited

Sundaram Finance Limited (SF)

25 Mar 2025

Sundaram Finance Limited

Sundaram Finance Limited (SF)

13 Jan 2025

Sundaram Finance Limited

Sundaram Finance Limited (Non-SF)

08 Jul 2024

Sundaram Finance Limited

Sundaram Finance Limited (SF)

04 Jun 2024

Sundaram Finance Limited

Sundaram Finance Limited (SF)

03 Jun 2024

Sundaram Finance Limited

Sundaram Finance Limited (SF)

01 Apr 2024

Sundaram Finance Limited

Sundaram Finance Limited (SF)

11 Dec 2023

Sundaram Finance Limited

Sundaram Finance Limited (SF)

20 Oct 2023

Sundaram Finance Limited

Sundaram Finance Limited (SF)


Ratings

Description
Short Term
Medium Term
Long Term
Issuer
PTC Series A -- -- [ICRA]AAA(SO) --
Subordinated Debentures -- -- [ICRA]AAA(Stable) --
Non-Convertible Debentures -- -- [ICRA]AAA(Stable) --
Commercial Paper [ICRA]A1+ -- -- --
PTC Series A -- -- [ICRA]AAA(SO) --
PTC Series A -- -- [ICRA]AAA(SO) --
PTC Series A -- -- [ICRA]AAA(SO) --
PTC Series A -- -- [ICRA]AAA(SO) --
PTC Series A -- -- [ICRA]AAA(SO) --
PTC Series A -- -- [ICRA]AAA(SO) --

Our Analysts

Analyst 1

Ritu Rita

Analyst 2

Himanshi Doshi

Sector Head

Ashish Modani
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