State-owned non-banking finance firm REC Ltd board on Thursday approved Rs 1,20,000 crore market borrowing programme for 2023-24 in its meeting

State-owned non-banking&nbsp;<a class="storyTags" href="https://www.business-standard.com/finance" rel="noopener" style="margin: 0px; padding: 0px; box-sizing: border-box; cursor: pointer; background-color: transparent; color: rgb(37, 145, 220); text-decoration-line: none; outline: 0px !important;" target="_blank">finance</a>&nbsp;firm&nbsp;<a class="storyTags" href="https://www.business-standard.com/topic/rec" rel="noopener" style="margin: 0px; padding: 0px; box-sizing: border-box; cursor: pointer; background-color: transparent; color: rgb(37, 145, 220); text-decoration-line: none; outline: 0px !important;" target="_blank">REC</a>&nbsp;Ltd board on Thursday approved Rs 1,20,000 crore market borrowing programme for 2023-24 in its meeting.

	&quot;Board of Directors of&nbsp;<a class="storyTags" href="https://www.business-standard.com/topic/rec" rel="noopener" style="margin: 0px; padding: 0px; box-sizing: border-box; cursor: pointer; background-color: transparent; color: rgb(37, 145, 220); text-decoration-line: none; outline: 0px !important;" target="_blank">REC</a>&nbsp;Ltd in its meeting held on March 9, 2023, inter-alia approved the market borrowing programme under different debt instruments for the financial year 2023-24,&quot; a BSE filing stated.

	<a class="storyTags" href="https://www.business-standard.com/topic/rec" rel="noopener" style="margin: 0px; padding: 0px; box-sizing: border-box; cursor: pointer; background-color: transparent; color: rgb(37, 145, 220); text-decoration-line: none; outline: 0px !important;" target="_blank">REC</a>&nbsp;will borrow Rs 1,20,000 crore from the market during 2023-24, which includes various types of bonds and loans (Rs 1,05,000 crore), short-term loans (Rs 10,000 crore) and commercial papers (Rs 5,000 crore), it added.

REC board okays Rs 1.2 trillion market borrowing programme for 2023-24

State-owned non-banking finance firm REC Ltd board on Thursday approved Rs 1,20,000 crore market borrowing programme for 2023-24 in its meeting