Name of Lender Facility/Instrument Amount (Rs. Crore)
ICICI Bank Limited Letter of Credit 1000
HDFC Bank Limited Letter of Credit 1000
Axis Bank Limited Letter of Credit 1000
Not Applicable Proposed Non Fund Based Limits 1000

*May 22, 2025


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