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Entity-Specific Rating Rationales

25 Apr 2024

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed for PTCs and SLFs issued under two vehicle loan securitisation transactions

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed for PTCs and SLFs issued under two vehicle loan securitisation transactions

16 Apr 2024

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

26 Mar 2024

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed for PTCs and SLF issued under vehicle loan securitisation transaction

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed for PTCs and SLF issued under vehicle loan securitisation transaction

26 Mar 2024

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 Mar 2024

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed and assigned for fresh NCD and subordinated debentures programme

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed and assigned for fresh NCD and subordinated debentures programme

08 Mar 2024

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

07 Mar 2024

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

01 Mar 2024

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST FEB 2024 – TRANCHE I

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST FEB 2024 – TRANCHE I

28 Feb 2024

Cholamandalam Investment and Finance Company Limited: Provisional [ICRA]AAA(SO) assigned to PTC Series A backed by vehicle loan receivables issued by PLATINUM TRUST FEB 2024 – TRANCHE IV; Provisional [ICRA]A-(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 FEB 2024 – TRANCHE IV; Provisional [ICRA]A-(SO) assigned to second loss facility

27 Feb 2024

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed for PTCs and SLFs issued under three vehicle loan securitisation transactions

Cholamandalam Investment and Finance Company Limited: Ratings reaffirmed for PTCs and SLFs issued under three vehicle loan securitisation transactions


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Entity-Specific Credit Prespective Reports

11 Mar 2024

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited

01 Dec 2023

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited

31 Oct 2023

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited

05 Sep 2023

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited

14 Aug 2023

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited

03 Aug 2023

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited

08 May 2023

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited

15 Nov 2022

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited

09 Nov 2022

Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
PTC Series A -- -- [ICRA]AAA(SO) --
PTC Series A -- -- [ICRA]AAA(SO) --
Second Loss Facility -- -- [ICRA]A-(SO) --
PTC Series A -- -- [ICRA]AAA(SO) --
Second Loss Facility -- -- [ICRA]A-(SO) --
Non-Convertible Debentures -- -- [ICRA]AA+(Positive) --
Subordinated Debt -- -- [ICRA]AA+(Positive) --
Perpetual Debt -- -- [ICRA]AA(Positive) --
PTC Series A -- -- [ICRA]AA+(SO) --
PTC Series A -- -- [ICRA]AAA(SO) --

Our Analysts

Analyst 1

Diptajyoti Banik

Analyst 2

Anubhav Agrawal

Sector Head

Abhishek Dafria
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