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Entity-Specific Rating Rationales

28 Jan 2026

Svakarma Finance Private Limited: Ratings confirmed as final for PTCs backed by a pool of MSME roof top solar loan receivables issued by Radiant 09 2025

Svakarma Finance Private Limited: Ratings confirmed as final for PTCs backed by a pool of MSME roof top solar loan receivables issued by Radiant 09 2025

23 Sep 2025

Svakarma Finance Private Limited: Provisional ratings assigned to PTCs backed by a pool of MSME roof top solar loans receivables

Svakarma Finance Private Limited: Provisional ratings assigned to PTCs backed by a pool of MSME roof top solar loans receivables

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Entity-Specific Credit Perspective Reports

06 Oct 2025

SVAKARMA FINANCE PRIVATE LIMITED

SVAKARMA FINANCE PRIVATE LIMITED (SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Series A1(b) PTCs -- -- [ICRA]BBB+(SO) --
Series A1(a) PTCs -- -- [ICRA]A-(SO) --

Our Analysts

Analyst 1

Shruti Jain

Analyst 2

Himanshi Doshi

Sector Head

Manushree Sagar
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