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Name of Lender Facility/Instrument Amount (Rs. Crore)
State Bank of India Cash Credit 75
IDBI Bank Limited Cash Credit 30
Axis Bank Limited Cash Credit 55
Standard Chartered Bank Cash Credit 5
IDBI Bank Limited Non Fund-Based Facilities 30
Standard Chartered Bank Non Fund-Based Facilities 75
State Bank of India Non Fund-Based Facilities 125
Axis Bank Limited Non Fund-Based Facilities 50
Standard Chartered Bank Non Fund-Based Facilities -2721
Standard Chartered Bank Non Fund-Based Facilities 6.62

*March 11, 2025
1 Sublimit
2 In million


The details presented on this page provide an update on the names of lenders, in reference to the total credit facilities of Chennai Radha Engineering Works (P) 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.