REC Board approves to raise funds through unsecured/secured, non-convertible bonds/debentures of up to Rs 1.45 lakh crore
REC in a recent update said its board has approved raising the borrowing limit in foreign currency to $24 billion from $20 billion earlier.
However, the overall borrowing limit in Indian rupees has been retained at ₹6 lakh crore, as per the company filing dated May 31, 2024.
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