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Name of Lender Facility/Instrument Amount (Rs. Crore)
State Bank of India Cash Credit 15
YES Bank Limited Cash Credit 0.5
HDFC Bank Limited Cash Credit 50
State Bank of India Letter of Credit 5
YES Bank Limited Letter of Credit 20
HDFC Bank Limited Letter of Credit 70
Not Applicable Unallocated Limits 0.5

*October 10, 2024


The details presented on this page provide an update on the names of lenders, in reference to the total credit facilities of API Ispat and Powertech Private 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.