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Name of Lender Facility/Instrument Amount (Rs. Crore)
HDFC Bank Limited Cash Credit 2.5
YES Bank Limited Cash Credit 6
TJSB Sahakari Bank Limited Cash Credit 19.5
TJSB Sahakari Bank Limited OverDraft Facilities 5.41
The Zoroastrian Cooperative Bank Limited OverDraft Facilities 13.44
Axis Bank Limited Term Loans 11.65
HDB Financial Services Limited Term Loans 4.44
HDFC Bank Limited Term Loans 37.75
ICICI Bank Limited Term Loans 9.48
IndusInd Bank Limited Term Loans 2.31
Sundaram Finance Limited Term Loans 3.55
Tata Capital Financial Services Limited Term Loans 4.66
The Zoroastrian Cooperative Bank Limited Term Loans 0.79
TJSB Sahakari Bank Limited Term Loans 88.33
YES Bank Limited Term Loans 16.76
HDFC Bank Limited Bank Guarantee 2.92
Not Applicable Unallocated Limits 70.51

*March 03, 2022


The details presented on this page provide an update on the names of lenders, in reference to the total credit facilities of Shethia Erectors and Material Handlers Limited rated by ICRA. To access the previous rating rationale: Click Here.


This update is being published as per the directions of the Reserve Bank of India (RBI) to the Credit Rating Agencies (CRAs) vide the communication [CO.DOR.ISG.No.S150/21-06-008/2021-2022] dated June 4, 2021.