Credit Bulletin
December 19, 2023 | Mumbai
Update on Bajaj Electricals Limited
 
Note: None of the Directors on CRISIL Ratings Limited’s Board are members of rating committee and thus do not participate in discussion or assignment of any ratings. The Board of Directors also does not discuss any ratings at its meetings.
This Credit Bulletin is published solely to update the bank-wise facility details in line with RBI requirement. For other sections please refer to the previous Rating Rationale July 04, 2023.

Click here to access the previous Rating Rationale.

 

Annexure - Details of Bank Lenders & Facilities
Facility Amount (Rs.Crore) Name of Lender Rating
Fund-Based Facilities 40 Union Bank of India CRISIL AA-/Stable
Fund-Based Facilities 100 ICICI Bank Limited CRISIL AA-/Stable
Fund-Based Facilities 70 State Bank of India CRISIL AA-/Stable
Fund-Based Facilities 40 Bank of India CRISIL AA-/Stable
Fund-Based Facilities 80 HDFC Bank Limited CRISIL AA-/Stable
Fund-Based Facilities 10 IDBI Bank Limited CRISIL AA-/Stable
Fund-Based Facilities 125 Axis Bank Limited CRISIL AA-/Stable
Non-Fund Based Limit 75 Axis Bank Limited CRISIL A1+
Non-Fund Based Limit 50 DCB Bank Limited CRISIL A1+
Non-Fund Based Limit 132.5 Standard Chartered Bank Limited CRISIL A1+
Non-Fund Based Limit 150 Bank of India CRISIL A1+
Non-Fund Based Limit 150 IDBI Bank Limited CRISIL A1+
Non-Fund Based Limit 100 Kotak Mahindra Bank Limited CRISIL A1+
Non-Fund Based Limit 185 YES Bank Limited CRISIL A1+
Non-Fund Based Limit 295 Union Bank of India CRISIL A1+
Non-Fund Based Limit 340 State Bank of India CRISIL A1+
Non-Fund Based Limit 100 IDFC FIRST Bank Limited CRISIL A1+
Proposed Non Fund based limits 57.5 Not Applicable CRISIL A1+
Criteria Details
Links to related criteria
CRISILs Approach to Financial Ratios
CRISILs Bank Loan Ratings - process, scale and default recognition
Rating criteria for manufaturing and service sector companies
Rating Criteria for Engineering Sector
Rating Criteria for Consumer Durable Industry
CRISILs Criteria for Consolidation
Understanding CRISILs Ratings and Rating Scales
CRISILs Criteria for rating short term debt

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