Our Credit Rating

Emerging Credit Rating Limited (ECRL) has affirmed AAA (Pronounced as Triple A) long term credit rating and ECRL-1 short term credit rating to the IDLC Finance Ltd (From here on referred to as IDLCFL) based on audited financials of FY2009-2013 and other available information up to the date of rating. The outlook on the rating is Stable. The ratings are consistent with ECRL's methodology for this type of financial institutions. ECRL considered financial performance, capital base, asset composition, asset quality, earning trends, profitability, management experience and prospect of the industry while assigning the rating.

Date of Declaration Valid Till Rating Action Long Term Rating Short Term Rating Outlook
April 15, 2016 April 14, 2017 Surveillance AAA ECRL-1 Stable
April 15, 2015 April 14, 2016 Surveillance AAA ECRL-1 Stable
May 09, 2014 May 08, 2015 Surveillance AAA ECRL-1 Stable
May 09, 2013 May 08, 2014 Surveillance AAA ECRL-1 Stable
May 09, 2012 May 08, 2013 Initial AAA ECRL-1 Stable