Acuite has maintained a 'Stable' rating for CSL Finance's loans and NCDs, acknowledging their robust capital reserves, profitable performance, and consistent asset quality.

CSL Finance experienced a 21.1% increase in assets under management (AUM) this year, reaching INR 1450 crore as of March 26. The company successfully secured INR 523.5 crore in debt from 35 lenders, maintaining a Capital Adequacy Ratio (CAR) at 44% and boasting liquidity reserves of INR 108 crore.