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As on 10-Sep-2026  00:43

CRISIL reaffirmed “AAA/Stable” ratings for Poonawalla Fincorp, enhancing bank loan facilities to Rs.19785 Crore

Poonawalla Fincorp Ltd announced credit rating actions from CRISIL, with ratings awaiting further details from other agencies. CRISIL reaffirmed the rating of “AAA/Stable” with an enhancement from Rs.15285 Crore to Rs.19785 Crore for Total Bank Loan Facilities, alongside reaffirming the short-term rating of “A1+” for the same facilities; additionally, CRISIL assigned a rating of “AAA/Stable” to Subordinated Debt amounting to Rs.600, assigned a rating of “AAA/Stable” to Non-convertible Debentures totaling Rs.9000, reaffirmed a rating of “AAA/Stable” to Non-convertible Debentures amounting to Rs.10000, reaffirmed a rating of “AAA/Stable” to Non-convertible Debentures totaling Rs.2375, reaffirmed a rating of “AAA/Stable” to Non-convertible Debentures amounting to Rs.7750, reaffirmed a rating of “AAA/Stable” to Non-convertible Debentures amounting to Rs.6700, reaffirmed a rating of “AA+/Stable” to Perpetual Bonds totaling Rs.171.4, reaffirmed a rating of “AA+/Stable” to Perpetual Bonds amounting to Rs.16.9, reaffirmed a rating of “AA+/Stable” to Perpetual Bonds amounting to Rs.1500, reaffirmed a rating of “AAA/Stable” to Subordinated Debt amounting to Rs.1715, reaffirmed a rating of “AAA/Stable” to Subordinated Debt amounting to Rs.140, reaffirmed a rating of “A1+” to Commercial Paper totaling Rs.7500, did not assign a rating to Non-convertible Debentures amounting to Rs.575, and withdrew a rating for Perpetual Bonds amounting to Rs.4.7.