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Name of Lender Facility/Instrument Amount (Rs. Crore)
HDFC Bank Limited Fund Based Limits 10
ICICI Bank Limited Fund Based Limits 15
Federal Bank Limited Fund Based Limits 1
Incred Financial Services Limited Fund Based Limits 1.4
Stride Ventures Fund Based Limits 1
InnoVen Capital India Private Limited Fund Based Limits 20.05
InnoVen Capital India Private Limited Fund Based Limits 251.551
HDFC Bank Limited Non Fund-Based Facilities 90
IDFC Limited Non Fund-Based Facilities 50
RBL Bank Limited Non Fund-Based Facilities 111
ICICI Bank Limited Non Fund-Based Facilities 75
Kotak Mahindra Bank Limited Non Fund-Based Facilities 30
Axis Bank Limited Non Fund-Based Facilities 50
HSBC Limited Non Fund-Based Facilities 45
Citibank N.A. Non Fund-Based Facilities 20
Federal Bank Limited Non Fund-Based Facilities 45
Not Applicable Non Fund-Based Facilities 4841
Not Applicable Fund Based Limits 501
Not Applicable Unallocated Limits 150

*December 19, 2022
1 Proposed


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