Power Finance Corporation Ltd Board Approves Enhanced Borrowing Limit Up To Rs 9 Lakh Crore and $25 Billion
Power Finance Corporation Ltd has approved a proposal allowing it to raise substantially higher amounts of funds from domestic and international markets. The decision, made by the company's Board of Directors during a meeting held on July 23, 2026, enhances the borrowing capacity significantly.The Board granted approval for the company to borrow and raise funds as required for its business operations or when directed by the Ministry or Government of India. This expanded capacity allows Power Finance Corporation Ltd to take on debt exceeding its paid-up capital, free reserves, and securities premium.
According to the approved proposal, the total outstanding borrowed amount at any point in time shall not exceed Rs 9,00,000 crore from Indian Rupee borrowing, or an equivalent of USD 25 Billion in foreign currency.
In conjunction with the enhanced lending limit, the Board also accorded approval for mortgaging and/or charging all or any of the company's movable and immovable properties, both present and future, to secure the borrowing. This collateral covers the full undertaking of the company and is applicable for securing either the Rs 9,00,000 crore Indian Rupee borrowing or the USD 25 Billion foreign currency equivalent.
PFC Stock Price Movement
Power Finance Corporation Limited shares today slipped by 0.64% to settle at ₹410.05, shedding ₹2.65 from its previous close. The stock saw a volume of 4.17 million shares traded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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