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Name of Lender Facility/Instrument Amount (Rs. Crore)
Aseem Infrastructure Finance Limited Term Loans 314.61
Aseem Infrastructure Finance Limited Letter of Comfort 2201

*August 14, 2024
1 Axis Bank has sanctioned Rs.220.00 crore as Letter of credit limit backed by Letter of comfort from Aseem Infrastructure. Assem has sanctioned Rs.220.00 crore as LOC sublimit from its Rupee term loan of Rs 314.61 crore.


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