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Name of Lender Facility/Instrument Amount (Rs. Crore)
HDFC Bank Limited Term Loans 18.36
Axis Bank Limited Term Loans 36.84
State Bank of India Working Capital Facilities 100
HDFC Bank Limited Working Capital Facilities 37.5
Axis Bank Limited Working Capital Facilities 25
South Indian Bank Limited Working Capital Facilities 37.5
South Indian Bank Limited Letter of Credit 5
HDFC Bank Limited Letter of Credit 5
Not Applicable Unallocated Limits 74.16

*July 16, 2026


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