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Name of Lender Facility/Instrument Amount (Rs. Crore)
Axis Bank Limited Term Loans 208.363333333333
Bank of Baroda Term Loans 1100
Bank of Maharashtra Term Loans 38.76
Canara Bank Term Loans 2937.5
Federal Bank Limited Term Loans 295.555555555555
HDFC Bank Limited Term Loans 2425
ICICI Bank Limited Term Loans 901.397436520513
IDFC FIRST Bank Limited Term Loans 250
Indian Bank Term Loans 749.342100024561
South Indian Bank Limited Term Loans 12.5000000074725
State Bank of India Term Loans 1412.5
Union Bank of India Term Loans 3767.36111111111
Bank of Baroda Working Capital Facilities 100
ICICI Bank Limited Working Capital Facilities 200
Indian Bank Working Capital Facilities 200
Punjab National Bank Working Capital Facilities 700
State Bank of India Working Capital Facilities 100
Bank of Baroda External Commercial Borrowings 1654.23
Mizuho Bank Limited Bank Facilities 650
Not Applicable Proposed Term Loans 1901.72046344745
Not Applicable Proposed Cash Credit 300
Not Applicable Proposed Fund Based Limits
Proposed Non Fund Based Limits 		1895.77

*May 31, 2025


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