SCI to push borrowing limit to Rs 12k cr from Rs 5k cr

Shipping Corporation of India today said it will raise the borrowing power limits of the company to Rs 12,000 crore from existing Rs 5,000 crore.

The board of the company at its meeting held on January 30 has decided to obtain the approval of the members of the firm for increasing the borrowing power limits, SCI said in a filing to the BSE.