Name of Lender Facility/Instrument Amount (Rs. Crore)
Standard Chartered Bank Bank Guarantee 100
HSBC Limited Bank Guarantee 150
Axis Bank Limited Bank Guarantee 80
Kotak Mahindra Bank Limited Bank Guarantee 18
YES Bank Limited Bank Guarantee 50
DBS Bank Limited Bank Guarantee 120
ICICI Bank Limited Bank Guarantee 125
HDFC Bank Limited Bank Guarantee 60
Australia and New Zealand Banking Group Limited Bank Guarantee 250
Citibank N.A. Bank Guarantee 176.4

*December 24, 2025


The details presented on this page provide an update on the names of lenders, in reference to the total credit facilities of Acer India (Pvt) Ltd. 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.