State-run Power Finance CorporationNSE 0.30 %’s board Wednesday decided to set the company’s overall borrowing limit at Rs 81,000 crore for 2019-20.
At its meeting Wednesday, the board of directors approved the market borrowing program of Rs 81,000 crore under different debt segments in one or more tranches / series for the next fiscal, the Power Finance Corporation (PFC) said in a statement.
The board decided to raise Rs 45,000 crore through long term borrowings like term loans and public or private placement of long term taxable/tax free bonds.
