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Name of Lender Facility/Instrument Amount (Rs. Crore)
Axis Bank Limited Term Loans 30
Standard Chartered Bank Term Loans 20
Canara Bank Cash Credit 9
Axis Bank Limited Cash Credit 13
Standard Chartered Bank Cash Credit 4.5
Canara Bank Packing Credit 41
Axis Bank Limited Letter of Credit 222
Standard Chartered Bank Letter of Credit 4.53
Not Applicable Unallocated Limits 3.5

*December 19, 2024
1 Packing Credit /Foreign Bill Discounting, Sub-limit within the cash credit limit of Rs.9.00 crore
2 Interchangeable Limits, Sub-limit within the term loan limit of Rs. 30.00 crore
3 Interchangeable Limits, Sub-limit within the cash credit limits of Rs. 4.50 crore


The details presented on this page provide an update on the names of lenders, in reference to the total credit facilities of Secure Industries 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.