Corporate News 27-Jul-23
Board of REC approves increase in borrowing limit
At meeting held on 26 July 2023
The Board of REC at its meeting held on 26 July 2023 has approved proposal of increasing the overall borrowing limit of the company in Indian rupees from Rs 4,50,000 crore to Rs 6,00,000 crore and in any foreign currency equivalent from USD 16 billion to USD 20 billion.
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