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Name of Lender Facility/Instrument Amount (Rs. Crore)
AU Small Finance Bank Limited Term Loans 52.5
Hero Fincorp Limited Term Loans 30
Bandhan Bank Limited Working Capital Facilities 20
Bandhan Bank Limited Term Loans 6.66
IDFC FIRST Bank Limited Term Loans 46.87
Kotak Mahindra Bank Limited Working Capital Facilities 20
Ujjivan Small Finance Bank Limited Working Capital Facilities 30
Federal Bank Limited Term Loans 12.22
Suryoday Small Finance Bank Limited Term Loans 10
DCB Bank Limited Term Loans 9.33
Utkarsh Small Finance Bank Limited Term Loans 15
SBM Bank India Limited Working Capital Facilities 20
Not Applicable Unallocated Limits 77.421

*April 09, 2026
1 Long-term/Short- term fund-based bank facilities


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