NHPC’s board has approved a borrowing plan to raise up to Rs 6,300 crore for FY26 through bonds and loans. The company recently reported a significant decline in quarterly profit by 47% and formed a joint venture for renewable energy projects with Andhra Pradesh Power Generation Corp.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.