PTC India Financial Services Receives Rating Updates from ICRA
PTC India Financial Services Ltd (PFS) announced rating updates from ICRA on March 24, 2026. The ratings pertain to Non-Convertible Debentures, Fund-based Term Loans, and Fund-based Short-Term facilities.ICRA has reaffirmed the rating for Non-Convertible Debentures and Fund-based Term Loans at [ICRA]A-(stable). The rating for Fund-based Short-Term facilities is [ICRA]A2+ and has been reaffirmed and withdrawn.
Details of the credit ratings are as follows:
| Instrument | Rating update of ICRA |
|---|---|
| Non-Convertible Debenture | [ICRA]A-(stable) |
| Fund based-Term Loan | [ICRA]A-(stable) |
| Fund based-Short Term | [ICRA]A2+; withdrawn |
The rating verification was completed on March 23, 2026.
PTC India Financial Services Ltd is an RBI-registered NBFC promoted by PTC India Limited, providing customized financing solutions across infrastructure sectors, with a focus on sustainability and diversification. The company is strategically pivoting towards green and emerging infrastructure segments like renewable energy and electric mobility. Further information can be found at www.ptcfinancial.com.
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