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Name of Lender Facility/Instrument Amount (Rs. Crore)
Deutsche India Holdings Private Limited Term Loans 500
Bank of Maharashtra Term Loans 250
State Bank of India Term Loans 4750
State Bank of India Working Capital Facilities 250
Bank of Maharashtra Term Loans 750
State Bank of India Working Capital Facilities 50
Union Bank of India Term Loans 500
UCO Bank Term Loans 150
National Bank for Agriculture and Rural Development Term Loans 600
Nabkisan Finance Limited Term Loans 135
IndusInd Bank Limited Term Loans 250
Not Applicable Unallocated Limits 1365

*September 19, 2025


The details presented on this page provide an update on the names of lenders, in reference to the total credit facilities of Piramal Finance Limited (formerly Piramal Capital & Housing Finance 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.