Experts say consolidation could allow the government to create a larger, more diversified lender capable of supporting ...

REC Limited, a Maharatna Public Sector Enterprise under the Ministry of Power and a leading NBFC, has been honored with the 'The Economic Times Infra Leadership Awards 2025.' REC was recognized for ...

Power Finance Corporation's board has approved an in-principle merger with subsidiary REC Ltd, aligning with the Centre's ...

REC Limited ( (IN:RECLTD)) has provided an update. REC Limited has announced the incorporation of Ambernath Power Transmission Limited as a wholly owned subsidiary of its arm REC Power Development and ...

PFC's board has approved an in-principle merger with REC after the Budget 2026 proposal to restructure the two public-sector NBFCs. The merger details are yet to be finalised ...

An update from REC Limited ( (IN:RECLTD)) is now available. REC Limited has announced the incorporation of Apta Power Transmission Limited as a wholly owned subsidiary of its arm REC Power Development ...

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power and a leading NBFC, handed over a project ...

The government has opened the nuclear sector for private players, but the biggest concern is getting capital to start the project. State-owned non-banking financing companies – PFC and REC – could ...

Hyderabad: REC Ltd, a state-owned Maharatna Non-Banking Financial Company (NBFC), on Monday announced a historic sanction of Rs 7,500 crore to finance a 1.04 Gigawatt (GW) hybrid energy project in ...