Name of Lender |
Facility/Instrument |
Amount (Rs. Crore) |
Citibank N.A.
|
Cash Credit
|
25 |
DBS Bank Limited
|
Cash Credit
|
20 |
ICICI Bank Limited
|
Cash Credit
|
5 |
HDFC Bank Limited
|
Cash Credit
|
55 |
Standard Chartered Bank
|
Cash Credit
|
30 |
Citibank N.A.
|
Cash Credit
|
51
|
DBS Bank Limited
|
Cash Credit
|
251
|
Kotak Mahindra Bank Limited
|
Cash Credit
|
51
|
Citibank N.A.
|
Non Fund-Based Facilities
|
5 |
DBS Bank Limited
|
Non Fund-Based Facilities
|
5 |
ICICI Bank Limited
|
Non Fund-Based Facilities
|
20 |
HDFC Bank Limited
|
Non Fund-Based Facilities
|
14 |
Kotak Mahindra Bank Limited
|
Working Capital Facilities
|
352
|
*February 10, 2024
1 Sublimits
2 Working Capital Demand Loan
The details presented on this page provide an update on the names of lenders, in reference to the total credit facilities of Updater Services 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.