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Name of Lender Facility/Instrument Amount (Rs. Crore)
Axis Bank Limited Term Loans 730.05
Bank of Baroda Term Loans 2309.31
State Bank of India Term Loans 1335.7
IndusInd Bank Limited Term Loans 750
Export-Import Bank of India Term Loans 1000
Not Applicable Proposed Term Loans 10634.89
State Bank of India Cash Credit 576
Punjab National Bank Cash Credit 246
HDFC Bank Limited Cash Credit 200
ICICI Bank Limited Cash Credit 144
Axis Bank Limited Cash Credit 200
Standard Chartered Bank Cash Credit 9
IndusInd Bank Limited Cash Credit 25
YES Bank Limited Cash Credit 200
State Bank of India Non Fund-Based Facilities 6510
Punjab National Bank Non Fund-Based Facilities 2533.12
HDFC Bank Limited Non Fund-Based Facilities 1050
ICICI Bank Limited Non Fund-Based Facilities 1662.43
Axis Bank Limited Non Fund-Based Facilities 1070
Standard Chartered Bank Non Fund-Based Facilities 1421
IndusInd Bank Limited Non Fund-Based Facilities 968.5
YES Bank Limited Non Fund-Based Facilities 1425

*April 21, 2025


The details presented on this page provide an update on the names of lenders, in reference to the total credit facilities of Jindal Steel & Power 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.