REC Ltd approves Rs 1.6 lakh crore market borrowings for FY27

REC Ltd's board has approved a significant market borrowing plan. For the fiscal year 2026-27, the company will raise Rs 1.6 lakh crore. This borrowing will be done through various instruments including tax-exempt bonds, debentures, term loans, and commercial papers. The funds will be utilized based on actual needs and market conditions.