24-Jun-2026 10:05:11
AYE FINANCE LIMITED ANNOUNCES RATING UPGRADE
• Aye Finance has been upgraded to IND A+ (Stable Outlook) by India Ratings and Research (Ind-Ra). • The company's long-term debt instruments' rating was also upgraded to IND A+ with a Stable Outlook. • Commercial paper rating upgraded to IND A1+ from IND A1. • Upgrade highlights strong fundamental performance across financial and operational metrics. • These include a strengthened loan book, improved capitalisation, and increasing profitability. • Mr. Sanjay Sharma, MD, highlighted the company's differentiated platform for micro enterprises. • Aye Finance serves 60 million micro enterprises and has 6.5 lac active customers. • The lender ended fiscal year 2026 with an AUM of ₹7,044 Cr on March 31, 2026.
Aye Finance Limited
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