SATINSatin Creditcare Network Ltd
ICRA Reaffirms Satin Creditcare's [ICRA]A (Stable) Rating, Enhances Fund-Based Limit to ₹5,500 Crore
- Credit rating
- Financial Services
Satin Creditcare Network Limited has told the exchanges that ICRA, in letters dated 19 Oct 2026, reaffirmed its ratings and assigned a higher rated amount. Long-term and short-term fund-based facilities of ₹5,500 crore are rated [ICRA]A (Stable)/[ICRA]A1, reaffirmed and enhanced by ₹500 crore.
ICRA also reaffirmed [ICRA]A1 on its commercial paper programme of ₹200 crore, [ICRA]A (Stable) on non-convertible debentures of ₹315.12 crore and subordinated debt of ₹1,078.78 crore and ₹50.05 crore, and reaffirmed and withdrew the [ICRA]A (Stable) rating on a ₹579.95 crore NCD programme (with ₹230 crore listed against it). A withdrawn rating means the instrument no longer needs one, for example because it has been repaid.
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