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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.