MAS Financial Services Limited — Credit Ratings, 18-10-2025: Credit Rating

CARE Ratings Limited has assigned final ratings to MAS Financial Services' Pass Through Certificates. The ₹79 Crore PTCs received CARE AAA (SO), and ₹9.19 Crore PTCs received CARE A (SO). These ratings were confirmed from their provisional status, underpinned by a robust transaction structure, strong credit enhancement, and the originator's sound underwriting capabilities.