Bajaj Auto subsidiary achieves top credit rating for debt instruments

Bajaj Auto Limited announced on September 11, 2025, that its wholly-owned subsidiary, Bajaj Auto Credit Limited (BACL), has been assigned an [ICRA]AAA (Stable) rating by ICRA Limited for both its non-convertible debentures and subordinated bonds/debt. This rating signifies a high level of creditworthiness for BACL's financial instruments.

The non-convertible debentures, with an aggregate amount of Rs. 2,000.00 crore, and the subordinated bonds/debt, totaling Rs. 750.00 crore, both received the highest rating, indicating a very strong capacity for timely payment of financial obligations. This information was officially received by Bajaj Auto Limited on September 11, 2025.

The ratings are a key indicator for investors regarding the financial health and stability of Bajaj Auto’s credit arm.