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Board of Power Finance approves market borrowing program of Rs 1 lakh crore for FY22


At meeting held on 26 February 2021The Board of Power Finance Corporation at its meeting held on 26 February 2021 has approved the proposal for raising of resources i.e. market borrowing program under different debt segments in one or more tranches for financial year 2021-22 as under -
Long term borrowing (Rupee) - Rs 60,000 crore
Long term foreign currency borrowing - Rs 20,000 crore
Short term borrowing - Rs 5000 crore
Commercial paper - Rs 15000 crore
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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Board of Power Finance Corporation to consider revision in market borrowing programme


On 30 December 2020The Board of Power Finance Corporation will meet on 30 December 2020 to consider a proposal for revision in limits for raising of resources i.e. revised market borrowing programme for the FY 2020-21 through issuance of bonds, term loans from banks/ FIIs, commercial paper etc from domestic and international markets.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updat ....

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