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Name of Lender Facility/Instrument Amount (Rs. Crore)
Federal Bank Limited Cash Credit 8
IndusInd Bank Limited Channel Financing 10
Federal Bank Limited OverDraft Facilities 101
Bank of Baroda Dealer Financing Scheme 10
South Indian Bank Limited Dealer Financing Scheme 10
Federal Bank Limited OverDraft Facilities 51
Not Applicable Unallocated Limits 7

*August 11, 2025
1 Overdraft-EDFS


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