REC Ltd Approves ₹1.6 Lakh Crore Market Borrowings for 2026-27

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REC Ltd Approves ₹1.6 Lakh Crore Market Borrowings for 2026-27​

New Delhi, March 25 – State-owned REC Ltd announced today that its board has approved market borrowings of ₹1.6 lakh crore for the fiscal year 2026-27.
The regulatory filing indicates that the total borrowing program encompasses ₹1,60,000 crore. This will be raised through a combination of instruments including the issuance of capital gains tax exemption bonds, domestic debentures, rupee term loans, and external commercial borrowings. Up to ₹1,40,000 crore will be raised through these bonds, debentures, term loans, and external commercial borrowings. Additionally, the company plans to raise up to ₹10,000 crore through short-term loans and commercial papers.
InstrumentAmount (₹ Crore)
Capital Gains Tax Exemption Bonds1,40,000
Domestic DebenturesVariable
Rupee Term LoansVariable
External Commercial BorrowingsVariable
Short-Term Loans10,000
Commercial Papers10,000
Total1,60,000
The funds will be raised across various maturities and instruments, contingent upon the company’s actual funding needs, asset-liability management, and prevailing market conditions. The Competent Authority will approve the specific allocation, exercising the powers delegated by the Board of Directors.
 

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borrowing program capital gains tax exemption bonds commercial papers debentures external commercial borrowings financial year 2026-27 india market borrowing new delhi rec ltd regulatory filings rupee term loans short-term loans state-owned enterprises
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