Power Finance Corporation raises borrowing limit to Rs 1.18 lakh crore
Sat, Jan 2, 2021 7:23 PM

Power Finance Corporation raises borrowing limit to Rs 1.18 lakh crore

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Power Finance Corporation (PFC) has raised its borrowing limit to Rs 1.18 lakh crore for the ongoing financial year. The company now plans to raise a maximum of Rs 83,000 crore from long-term borrowing, Rs 15,000 crore from long-term foreign currency borrowing, Rs 5,000 crore from short-term borrowing and Rs 15,000 crore from commercial papers, a statement issued by PFC said.

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