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Home Credit Perspective Reports PTC India Financial Services Limited
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Entity-Specific Rating Rationales

23 Mar 2026

PTC India Financial Services Limited: [ICRA]A- (Stable) reaffirmed; [ICRA]A2+ withdrawn

PTC India Financial Services Limited: [ICRA]A- (Stable) reaffirmed; [ICRA]A2+ withdrawn

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08 Oct 2025

PTC India Financial Services Limited: Update on entity

PTC India Financial Services Limited: Update on entity

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28 Mar 2025

PTC India Financial Services Limited: Ratings reaffirmed; outlook revised to Stable from Negative

PTC India Financial Services Limited: Ratings reaffirmed; outlook revised to Stable from Negative

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14 Jun 2024

PTC India Financial Services Limited: Ratings downgraded to [ICRA]A- (Negative)/ [ICRA]A2+

PTC India Financial Services Limited: Ratings downgraded to [ICRA]A- (Negative)/ [ICRA]A2+

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21 Dec 2023

PTC India Financial Services Limited: Ratings reaffirmed

PTC India Financial Services Limited: Ratings reaffirmed

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30 Jun 2023

PTC India Financial Services Limited: Update on material event

PTC India Financial Services Limited: Update on material event

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Entity-Specific Credit Perspective Reports

21 Apr 2026

PTC India Financial Services Limited

PTC India Financial Services Limited (Non-SF)

08 May 2025

PTC India Financial Services Limited

PTC India Financial Services Limited (Non-SF)

05 Jul 2024

PTC India Financial Services Limited

PTC India Financial Services Limited (Non-SF)

22 Jan 2024

PTC India Financial Services Limited

PTC India Financial Services Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Long-term – Fund-based – Term Loan -- -- [ICRA]A-(Stable) --
Short-term – Fund-based – Cash credit Withdrawn -- -- --
NCD -- -- [ICRA]A-(Stable) --
Commercial Paper Withdrawn -- -- --
Long term unallocated bank facilities -- -- Withdrawn --

Our Analysts

Analyst 1

Ajay Bathija

Analyst 2

Sandeep Sharma

Sector Head

Karthik Srinivasan
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