ICRA An Affiliate of Moody's

Entity-Specific Rating Rationales

16 Jan 2026

Credila Financial Services Limited: Ratings reaffirmed

13 Mar 2025

Credila Financial Services Limited: Change in limits; rating withdrawn for Rs. 200-crore NCD programme

17 Jan 2025

Credila Financial Services Limited: Ratings reaffirmed; rated amount enhanced for commercial paper programme

02 Apr 2024

HDFC Credila Financial Services Limited: Long-term ratings downgraded and removed from rating watch with negative implications; short-term rating reaffirmed

26 Feb 2024

HDFC Credila Financial Services Limited: Short-term rating reaffirmed and assigned to enhanced amount

29 Dec 2023

HDFC Credila Financial Services Limited: [ICRA]AAA assigned; Rating on Watch with Negative Implications

23 Jun 2023

HDFC Credila Financial Services Limited: Rating watch with negative implication, revised from Rating watch with Developing implication

26 Apr 2023

HDFC Credila Financial Services Limited: Long-term ratings placed on rating Watch with Developing Implications

Entity-Specific Credit Perspective Reports

16 Feb 2026

Credila Financial Services Limited

Credila Financial Services Limited (Non-SF)

12 Feb 2025

Credila Financial Services Limited

Credila Financial Services Limited (Non-SF)

06 May 2024

Credila Financial Services Limited

Credila Financial Services Limited (Non-SF)

Ratings

Description	Short Term	Medium Term	Long Term	Issuer
Perpetual Debt	--	--	[ICRA]AA-(Stable)	--
Non-Convertible Debenture	--	--	[ICRA]AA(Stable)	--
Non-convertible subordinated debenture programme	--	--	[ICRA]AA(Stable)	--
Commercial Paper	[ICRA]A1+	--	--	--
Bank Lines	--	--	[ICRA]AA(Stable)	--

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