bg-rating-rationales

Entity-Specific Rating Rationales

30 Jun 2023

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST JUNE 2023 – TRANCHE I; Provisional [ICRA]BBB+(SO) assigned to second loss facility

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST JUNE 2023 – TRANCHE I; Provisional [ICRA]BBB+(SO) assigned to second loss facility

30 May 2023

Cholamandalam Investment and Finance Company Limited: Rating actions on PTCs and SLF issued under three vehicle loan securitisation transactions

Cholamandalam Investment and Finance Company Limited: Rating actions on PTCs and SLF issued under three vehicle loan securitisation transactions

08 May 2023

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST APRIL 2023 – TRANCHE V; Provisional [ICRA]BBB+(SO) assigned to second loss facility

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST APRIL 2023 – TRANCHE V; Provisional [ICRA]BBB+(SO) assigned to second loss facility

28 Apr 2023

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST APRIL 2023 – TRANCHE I; Provisional [ICRA]BBB+(SO) assigned to second loss facility

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST APRIL 2023 – TRANCHE I; Provisional [ICRA]BBB+(SO) assigned to second loss facility

14 Apr 2023

Cholamandalam Investment and Finance Company Limited: Ratings confirmed as final for PTCs issued under a vehicle loan receivables securitisation transaction

Cholamandalam Investment and Finance Company Limited: Ratings confirmed as final for PTCs issued under a vehicle loan receivables securitisation transaction

14 Apr 2023

Cholamandalam Investment and Finance Company Limited: Ratings confirmed as final for PTCs issued under a vehicle loan receivables securitisation transaction

Cholamandalam Investment and Finance Company Limited: Ratings confirmed as final for PTCs issued under a vehicle loan receivables securitisation transaction

24 Mar 2023

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST MARCH 2023 - TRANCHE II; Provisional [ICRA]BBB+(SO) assigned to second loss facility

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST MARCH 2023 - TRANCHE II; Provisional [ICRA]BBB+(SO) assigned to second loss facility

16 Mar 2023

Cholamandalam Investment and Finance Company Limited: Rating reaffirmed; rated amount enhanced

Cholamandalam Investment and Finance Company Limited: Rating reaffirmed; rated amount enhanced

10 Mar 2023

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed; rated amount enhanced

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed; rated amount enhanced

21 Feb 2023

Cholamandalam Investment and Finance Company Limited: Ratings confirmed as final for PTCs issued under a vehicle loan receivables securitisation transaction

Cholamandalam Investment and Finance Company Limited: Ratings confirmed as final for PTCs issued under a vehicle loan receivables securitisation transaction