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Name of Lender Facility/Instrument Amount (Rs. Crore)
HSBC Limited Term Loans 32.5
HDFC Bank Limited Term Loans 51.68
Export-Import Bank of India Term Loans 161.88
HSBC Limited Cash Credit 180
HDFC Bank Limited Cash Credit 191
Bank of Baroda Cash Credit 157
Citibank N.A. Cash Credit 190
Axis Bank Limited Cash Credit 167
Union Bank of India Cash Credit 180
J.P. Morgan Chase Bank N.A. Cash Credit 195
Bank of Baroda Non Fund-Based Facilities 53
Axis Bank Limited Non Fund-Based Facilities 24
Union Bank of India Non Fund-Based Facilities 60
Not Applicable Unallocated Limits 120.3

*May 17, 2024


The details presented on this page provide an update on the names of lenders, in reference to the total credit facilities of Indo Count Industries 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.