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Name of Lender Facility/Instrument Amount (Rs. Crore)
Axis Bank Limited Term Loans 750
ICICI Bank Limited Term Loans 750
Kotak Mahindra Bank Limited Term Loans 500
HDFC Bank Limited Term Loans 750
Axis Bank Limited Cash Credit 25
ICICI Bank Limited Cash Credit 25
HSBC Limited Term Loans 250
HSBC Limited Interchangeable Limits 2501
Axis Bank Limited Interchangeable Limits 7501
ICICI Bank Limited Interchangeable Limits 7501
HDFC Bank Limited Interchangeable Limits 7501
Kotak Mahindra Bank Limited Interchangeable Limits 5001
HSBC Limited Interchangeable Limits 10
Axis Bank Limited Fund Based Limits 50
ICICI Bank Limited Fund Based Limits 50
HSBC Limited Interchangeable Limits 10
Axis Bank Limited Interchangeable Limits 302
ICICI Bank Limited Interchangeable Limits 302

*June 13, 2025
1 Interchangeable – SBLC/LC
2 Interchangeable - Others


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