| Name of Lender |
Facility/Instrument |
Amount (Rs. Crore) |
|
HDFC Bank Limited
|
Term Loans
|
80.63 |
|
HDFC Bank Limited
|
Cash Credit
|
20 |
|
Kotak Mahindra Bank Limited
|
Working Capital Facilities
|
50 |
|
HDFC Bank Limited
|
Sales Bill Discounting
|
50 |
|
HDFC Bank Limited
|
Export Packaging Credit
|
401
|
|
HDFC Bank Limited
|
Non Fund-Based Facilities
|
302
|
|
Kotak Mahindra Bank Limited
|
Non Fund-Based Facilities
|
253
|
|
Not Applicable
|
Unallocated Limits
|
19.37 |
*May 30, 2024
1 Interchangeable - WCDL
2 LC / BG
3 LC / BG; sublimit to working capital facilities
The details presented on this page provide an update on the names of lenders, in reference to the total credit facilities of Turbo Energy 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.
