ICRA An Affiliate of Moody's

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ICRA Limited is an Independent and professional investment information & Credit Rating Agency.
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As an early entrant in the Credit Rating business, ICRA Limited (ICRA) is one of the most experienced Credit Rating
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Orbit Lifescience Private Limited: Ratings reaffirmed; assigned for enhanced amount 05 Jun 2026

Pune Business Spaces Private Limited: Rating reaffirmed; rated amount enhanced 05 Jun 2026

WheelsEMI Private Limited: Ratings confirmed as final for PTCs backed by vehicle loan receivables issued by FrostFall 01 2026 05 Jun 2026
Research
ICRA Research

ICRA industry research provides unique research offering for 60+ sectors in India wherein 250+ Ratings analysts
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Special Comments

Monthly Research Compendium 05 Jun 2026

Third-consecutive pause in June 2026 amid worsening growth-inflation outlook; back-ended rate hike seen in 2026 05 Jun 2026

GDP growth printed at stronger than-expected 7.8% in Q4 FY2026; growth to slip to sub-6.5% in FY2027 from 7.7% in FY2026 05 Jun 2026
Most Trending Reports

Impact across sectors is uneven, with entities adopting measures to manage and mitigate challenges 25 May 2026

Volumes increased by 16.5% YoY in April 2026, driving a strong start to FY2027 29 May 2026

Electricity demand growth to rebound in FY2027; tariff hikes remain nil 29 May 2026
Credit Perspective
About Credit Perspective Reports

ICRA industry research provides unique research offering for 60+ sectors in India wherein 250+ Ratings analysts
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Special Comments

Monthly Research Compendium 05 Jun 2026

Third-consecutive pause in June 2026 amid worsening growth-inflation outlook; back-ended rate hike seen in 2026 05 Jun 2026

GDP growth printed at stronger than-expected 7.8% in Q4 FY2026; growth to slip to sub-6.5% in FY2027 from 7.7% in FY2026 05 Jun 2026
Most Trending Research

Impact across sectors is uneven, with entities adopting measures to manage and mitigate challenges 25 May 2026

Volumes increased by 16.5% YoY in April 2026, driving a strong start to FY2027 29 May 2026

Electricity demand growth to rebound in FY2027; tariff hikes remain nil 29 May 2026
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What's in the news?

Fuelling the new normal - Business Standard 03 June 2026

Oman Goes Past Qatar to become India’s Top LNG Supplier in March - Economic Times 03 June 2026

Centre Meets FY26 Fiscal Deficit Target - Economic Times 02 June 2026
Contact Us

JM Financial Limited

Sector : Finance Sub Sectors : Other Financial Services

02 Feb 2026 JM Financial Limited: JM Financial Limited-CPR-02022026

Home Credit Perspective Reports JM Financial Limited

Entity-Specific Rating Rationales

31 Dec 2025

JM Financial Limited: Ratings reaffirmed; rated amount reduced

03 Jan 2025

JM Financial Limited: Ratings reaffirmed

15 Jul 2024

JM Financial Limited: Update on Material Event

05 Jul 2024

JM Financial Limited: Ratings reaffirmed

14 Mar 2024

JM Financial Limited: Update on Material Event

20 Oct 2023

JM Financial Limited: Ratings reaffirmed

Entity-Specific Credit Perspective Reports

02 Feb 2026

JM Financial Limited

JM Financial Limited (Non-SF)

04 Feb 2025

JM Financial Limited

JM Financial Limited (Non-SF)

20 Nov 2023

JM Financial Limited

JM Financial Limited (Non-SF)

Ratings

Description	Short Term	Medium Term	Long Term	Issuer
Commercial Paper	[ICRA]A1+	--	--	--
fund-based/non-fund-based bank lines	--	--	[ICRA]AA(Stable)	--
Non-Convertible Debenture	--	--	[ICRA]AA(Stable)	--

Our Analysts

Analyst 1

Komal M Mody

22-6114 3424
komal.mody@icraindia.com

Analyst 2

Deep Inder Singh

+91 124 4545830
deep.singh@icraindia.com

Sector Head

Karthik Srinivasan

+91 22 61143444
karthiks@icraindia.com

Most Trending Research Reports

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Beyond renewables - Investment outlook and emerging role of thermal power

Girishkumar Kadam,Ankit Jain,Asmita Pant

07 May 2026 04:00 PM

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PPT

West Asia Crisis-Impact and Outlook on Oil & Gas and downstream sectors

Girishkumar Kadam,Prashant Vasisht

29 Apr 2026 04:00 PM

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Podcast

Cement Sector Outlook | West Asia conflict and Cost Pressures | ICRA Podcast by Maitri Vira

May 2026

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