REC board approves INR 1.7 trillion borrowing program for FY26

REC Limited (BSE: RECLTD) announced a ₹1.7 trillion market borrowing program for the financial year 2025-26 following a board meeting on March 26, 2025. The program encompasses a diverse range of debt instruments, including domestic bonds and debentures, capital gains tax exemption bonds, rupee term loans, and external commercial borrowings. The funds will be raised through various instruments and maturities based on market conditions and internal requirements, with the approval of relevant authorities. An amount of ₹20,000 crore is earmarked for short term loans, and cash credits, but not part of the ₹1.7 trillion market borrowing.