Nexensus has searched through thousands of records to bring this curated list of top borrowers in India. These transactions given the sheer size of the loan amount have featured in the Top Loans in India by Nexensus. Most of these companies have raised a loan of 2 Lac crores (20,00,000,000,000) or more in a single transaction from Banks.
|Name of Borrower||Name of Lender||Amount of Loan||Status|
|Calchem Industries (India) Limited||Bank of Baroda||9000003500000 |
(9 Lac Crores)
|Dewanchand Ramsaran Industries Private Limited||Bank of India||2250009580000|
(2.25 Lac Crores)
|Spanco Limited||Bank of India||5300130000000|
(5.3 Lac Crores)
|Satisfied in March, 2005|
|Videocon Industries||State Bank of India||6700000500000|
(6.7 Lac Crore)
|Nitesh Residency Hotels Private Limited||State Bank of India||3125000000000|
(3.12 Lac Crores)
|Saianand Commetial Limited||Mashreq Bank||2000015000000|
(2 Lac Crores)
|Satisfied in January, 2009|
|Summit Securities Limited||State Bank of Hyderabad||3168735000000|
(3.16 Lac Crores)
|Atcom Technologies Limited||The Federal bank||2000000338000|
(2 Lac Crores)
|Satisfied in January, 2010|
Finally, it is interesting to note that the loan taken by Videocon Industries goes way back to 1988 and continues to be outstanding. Also,the single highest loan of a whooping 9 Lac Crores is taken by Calchem Industries (India) Limited in 2002 from Bank of Baroda.
As demonetization after effects come into play and interest rates fall, we may see more loan transactions of this scale as banks give out loans to companies with increased propensity.
Nexensus tracks Indian companies closely. For more details write to us at firstname.lastname@example.org or call us at +91 7840098995