ICRA Limited has reaffirmed SBFC Finance Limited’s credit rating at [ICRA] AA- (Stable) for its long-term fund-based term loan of ₹2,100.00 crore. The rating reaffirmation, announced on September 22, 2025, indicates ICRA’s confidence in SBFC Finance’s ability to meet its financial obligations. The company’s creditworthiness remains stable, supported by its consistent performance and prudent financial management.
Credit Rating Reaffirmation
On September 22, 2025, ICRA Limited reaffirmed the credit rating of SBFC Finance Limited’s bank facilities. The long-term fund-based term loan continues to hold a rating of [ICRA] AA- (Stable).
Details of Rated Instrument
The reaffirmed rating applies to the long-term fund-based term loan, with a total rated amount of ₹2,100.00 crore. This decision reflects ICRA’s assessment of SBFC Finance’s financial strength and stability.
Bank-Wise Allocation of Rated Limits
The ₹2,100.00 crore in bank limits is distributed across various banks, with individual allocations. Here’s a summary:
- Axis Bank Limited: Various limits totaling ₹95.67 crore
- Bank of India: Limits totaling ₹141.58 crore
- Canara Bank: Limits totaling ₹93.62 crore
- CSB Bank Limited: Limits totaling ₹55.74 crore
- DCB Bank Limited: Limits totaling ₹17.50 crore
- Federal Bank Limited: Limits totaling ₹113.30 crore
- ICICI Bank Limited: A limit of ₹37.50 crore
- Indusind Bank Limited: Limits totaling ₹45.99 crore
- Kotak Mahindra Bank Limited: Limits totaling ₹28.13 crore
- State Bank of India: Limits totaling ₹615.60 crore
- Ujjivan Bank Limited: A limit of ₹5.00 crore
- Yes Bank Limited: Limits totaling ₹416.72 crore
- Unallocated:₹420.63 crore
Source: BSE