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REC seeks shareholders nod to raise borrowing limit to Rs 3.5 lakh cr

New Delhi: State-run Rural Electrification Corporation (REC) has sought its shareholders approval to raise its overall borrowing limit to Rs 3.5 lakh crore from existing Rs 2 lakh crore. The company at its annual general meeting scheduled on September 25 would also seek vote on changing name of the company to REC Ltd. “The projected […]

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