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Name of Lender Facility/Instrument Amount (Rs. Crore)
Bank of Baroda Inventory Funding 159.9
Axis Bank Limited Inventory Funding 55
HDFC Bank Limited Inventory Funding 60
ICICI Bank Limited Inventory Funding 25
Not Applicable Unallocated Limits 0.1

*February 02, 2026


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