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Entity-Specific Rating Rationales

26 Mar 2025

Sundaram Home Finance Limited: Ratings reaffirmed/assigned for enhanced amount

Sundaram Home Finance Limited: Ratings reaffirmed/assigned for enhanced amount

31 Dec 2024

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

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

18 Sep 2024

Sundaram Home Finance Limited: Ratings reaffirmed/assigned for enhanced amount

Sundaram Home Finance Limited: Ratings reaffirmed/assigned for enhanced amount

29 Jan 2024

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

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

15 Dec 2023

Sundaram Home Finance Limited: Ratings reaffirmed/rated amount enhanced

Sundaram Home Finance Limited: Ratings reaffirmed/rated amount enhanced

30 Jun 2023

Sundaram Home Finance Limited: Long-term rating reaffirmed/assigned for enhanced amount and short-term rating reaffirmed

Sundaram Home Finance Limited: Long-term rating reaffirmed/assigned for enhanced amount and short-term rating reaffirmed

31 Jan 2023

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

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

15 Nov 2022

Sundaram Home Finance Limited: Long-term rating reaffirmed/assigned for enhanced amount and short-term rating reaffirmed

Sundaram Home Finance Limited: Long-term rating reaffirmed/assigned for enhanced amount and short-term rating reaffirmed

30 Aug 2022

Sundaram Home Finance Limited: Rating withdrawn for Purchaser Payouts backed by mortgage loan receivables

Sundaram Home Finance Limited: Rating withdrawn for Purchaser Payouts backed by mortgage loan receivables

21 Jun 2022

Sundaram Home Finance Limited: Long term rating upgraded to [ICRA]AAA (Stable) and short term rating reaffirmed at [ICRA]A1+

Sundaram Home Finance Limited: Long term rating upgraded to [ICRA]AAA (Stable) and short term rating reaffirmed at [ICRA]A1+

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Entity-Specific Credit Perspective Reports

25 Apr 2025

Sundaram Home Finance Limited

Sundaram Home Finance Limited (Non-SF)

02 Aug 2023

Sundaram Home Finance Limited

Sundaram Home Finance Limited (Non-SF)

26 Dec 2022

Sundaram Home Finance Limited

Sundaram Home Finance Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Non-Convertible Debentures -- -- [ICRA]AAA(Stable) --
Subordinated Debt -- -- [ICRA]AAA(Stable) --
PTC Series A -- -- [ICRA]AAA(SO) --
Long term/ Short Term Bank Facilities [ICRA]A1+ -- [ICRA]AAA(Stable) --
Purchaser Payouts -- -- * --
Commercial Paper [ICRA]A1+ -- -- --
Fixed Deposit -- -- [ICRA]AAA(Stable) --
Purchaser Payouts -- -- * --
Purchaser Payouts -- -- * --
PTC Series A1 -- -- * --

Our Analysts

Analyst 1

Richardson Xavier J

Analyst 2

Srinivasan Rangaswamy

Sector Head

Karthik Srinivasan
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