Stay updated with breaking news from Market Borrowing Programme. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
On the external front, there is sluggish export demand, which is expected to improve going ahead. “Sluggish global demand is affecting India’s trade, but this is projected to recover from H2FY24.
The loan is earmarked for refinancing purposes, allowing REC to provide further loans to its borrowers within the power, infrastructure, and logistics sectors specifically for the import of capital equipment.
State-owned REC Ltd is looking at expanding its loan portfolio for green projects to ₹3 trillion by 2030, said its chairman and managing director Vivek Kumar Dewangan