Will PFC-REC Merger Involving $61 Billion Debt Aid India's Credit Market?

REC has achieved an ‘Excellent’ MoU rating for FY 2024–25 for the third consecutive year as per the performance evaluation carried out by the Department of Public Enterprises (DPE), Ministry of Finance, Government of India. Here are the key performance highlights from the latest assessment and the factors that have enabled REC to achieve this feat. #RECLimited #ExcellentMOURating #CPSE #DPE #GovernmentOfIndia #FinanceMinistry #NetProfit #Top5 #FinancialPerformance #NBFC #PublicEnterprises #Leade

REC Limited declares its Q1FY24 Results. The company experienced unprecedented success, as it attained a record-breaking first quarter profit of ₹2,961 crores. Additionally, REC's Loan Book reached an impressive ₹4.54 lakh crores, showcasing the company's substantial lending activities. Moreover, REC's Net Worth stood at a remarkable ₹60,886 crores, underscoring its robust financial position. The company generated a noteworthy Interest Income on Loan Assets amounting to ₹10,465 crores, highlight

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REC Foundation, the CSR wing of REC, has completed a decade of activities. In its 10 years, the REC Foundation has carried out innumerable programmes and initiatives for the empowerment of socially and economically backward communities. The programmes span across health and wellness, skill development, sports, education, women empowerment, sanitation, hygiene, rural development, & environmental sustainability. Watch this short video on how the REC CSR initiatives are improving the lives of milli

CSR – Sahyadri Industries Limited

For more than a decade, REC’s CSR wing, the REC Foundation has been...