Name of Lender |
Facility/Instrument |
Amount (Rs. Crore) |
UCO Bank
|
Cash Credit
|
50 |
State Bank of India
|
Cash Credit
|
100 |
Bank of Baroda
|
Cash Credit
|
25 |
Bank of India
|
Cash Credit
|
50 |
Indian Bank
|
Cash Credit
|
50 |
UCO Bank
|
Letter of Credit
|
665 |
State Bank of India
|
Letter of Credit
|
450 |
Bank of Baroda
|
Letter of Credit
|
777 |
Central Bank of India
|
Letter of Credit
|
64.95 |
Bank of India
|
Letter of Credit
|
2 |
Canara Bank
|
Letter of Credit
|
133 |
Indian Bank
|
Letter of Credit
|
249 |
Indian Overseas Bank
|
Letter of Credit
|
119 |
Union Bank of India
|
Letter of Credit
|
210 |
Karur Vysya Bank Limited
|
Letter of Credit
|
8 |
Not Applicable
|
Proposed Facilities
|
2000 |
UCO Bank
|
Bank Guarantee
|
100 |
Bank of India
|
Bank Guarantee
|
150 |
Indian Overseas Bank
|
Bank Guarantee
|
50 |
Not Applicable
|
Proposed Bank Guarantee
|
500 |
Not Applicable
|
Unallocated Limits
|
2.05 |
*April 09, 2025
The details presented on this page provide an update on the names of lenders, in reference to the total credit facilities of Gujarat Urja Vikas Nigam 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.