Central Bank of India: Ratings upgraded; outlook revised to Stable
Keertana Finserv Limited: Ratings reaffirmed
Mangalore Refinery and Petrochemicals Limited: Change in Limits
Mindspace Business Parks REIT: Ratings reaffirmed & assigned for CP and reaffirmed for existing limits
Padmaja Motors Private Limited: Rating reaffirmed
Sanchita Frozen Foods Pvt. Ltd.: Rating reaffirmed and rated amount enhanced
Sanchita Marine Products Pvt. Ltd.: Rating reaffirmed
Tulip Telecom Limited: Continues to remain under Issuer Non-Cooperating category
Vaibhav Edibles Private Limited: Ratings reaffirmed for Bank facilities and reaffirmed and withdrawn for Issuer rating
Anthony Garments Private Limited: Ratings moved to Issuer Non-Cooperating category; Long term rating downgraded based on best available information
Annapurna Finance Private Limited: Provisional [ICRA]AA+(SO) assigned to PTCs backed by microfinance loan receivables issued by Nimbus MFI Trust 05 2025
Aye Finance Limited (erstwhile Aye Finance (P) Ltd.): Provisional [ICRA]AA+(SO) assigned to PTC Series A1 and Provisional [ICRA]A+(SO) assigned to Equity Tranche PTCs issued by HITHIKA 01 TRUST 2025, backed by a pool of unsecured business loans
Muthoot Microfin Limited: Provisional [ICRA]AA-(SO) assigned to PTC Series A1 issued by Jerrick Trust 10 2024, backed by a pool of microfinance loan receivables
Svatantra Microfin Private Limited: Provisional [ICRA]AA+(SO) assigned to PTC Series A1 issued by Liverpool Apr-25, backed by a pool of microfinance loan receivables
IIFL Samasta Finance Limited: Ratings confirmed as final for PTCs backed by microfinance loan receivables issued by 2025 02 MFI COSINE
RBSG Capital Private Limited: Provisional rating of [ICRA]A(SO) assigned to PTCs backed by vehicle loan receivables issued by Panther 05 2025
Satin Finserv Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTC and Provisional [ICRA]BBB+(SO) assigned to Series A2 PTC, backed by secured business loan receivables issued by Horizon 2025
Shiksha Financial Services India Private Limited: Provisional [ICRA]A-(SO) assigned to PTCs backed by Loan against property receivables issued by LoanX Sabal May 2025
Arohan Financial Services Limited: Provisional ratings assigned to PTCs backed by microfinance loan receivables issued by Ascent Alpha May 2025
Arohan Financial Services Limited: Provisional ratings assigned to PTCs backed by microfinance loan receivables issued by Ascent Gamma May 2025
ICRA's Rating process starts when the issuer contacts our business team to engage our services.
Securities Broking Sector: Structural drivers to support performance at a healthy level, despite signs of deceleration
ICRA Webinar on Recalibrating the drive: Auto components in a changing landscape
ICRA Webinar on Thermal Generation and Power Distribution – Trends & Outlook
ICRA Webinar on the Indian Banking Sector - Regulatory easing to support credit growth in FY2026; asset quality remains monitorable
Please log in using your registered email id to download the report.
Please fill the below details to download the report for free.
Corporate Debt Ratings
Financial Sector Ratings
Structured Finance Ratings
Infrastructure Sector Ratings
Other Ratings
