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Entity-Specific Rating Rationales

30 Mar 2026

STCI Finance Limited: Ratings reaffirmed; rated amount enhanced for bank facilities

STCI Finance Limited: Ratings reaffirmed; rated amount enhanced for bank facilities

20 Mar 2025

STCI Finance Limited: Ratings reaffirmed

STCI Finance Limited: Ratings reaffirmed

22 Mar 2024

STCI Finance Limited: Ratings reaffirmed

STCI Finance Limited: Ratings reaffirmed

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Entity-Specific Credit Perspective Reports

24 Apr 2026

STCI Finance Limited

STCI Finance Limited (Non-SF)

21 Apr 2025

STCI Finance Limited

STCI Finance Limited (Non-SF)

23 Apr 2024

STCI Finance Limited

STCI Finance Limited (Non-SF)

27 Apr 2023

STCI Finance Limited

STCI Finance Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Commercial Paper [ICRA]A1+ -- -- --
NCD -- -- [ICRA]AA-(Stable) --
Long-term – Fund-based – Others -- -- [ICRA]AA-(Stable) --

Our Analysts

Analyst 1

Rushabh Gohel

Analyst 2

Neha Parikh

Sector Head

Karthik Srinivasan
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