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Latest Articles in REC Limited
SJVN Signs MoU With REC For Rs 50,000 Cr Financial Assistance For Power Projects
The agreement was reached to support the development of power generating stations based on both conventional and renewable sources of energy
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REC To Provide Rs 3,045 Cr To Financial Assistance Bangalore Metro Rail Corporation
The decision to extend the assistance was taken at the board meeting of REC, held in Bengaluru on 24 June 2023
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State-owned REC To Raise Rs 1.2 Lakh Cr Via Debt Instruments In FY24
REC will raise Rs 1.05 lakh crore through domestic bonds, capital gains tax exemption bonds, rupee term loans, and external commercial borrowings
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REC Records Profit At Rs. 8,362 Crores
The company has clocked quarterly profit of Rs. 2,070 crore during Q4 FY21, as against Rs. 436 crore during Q4 FY20. T
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REC Declares Its Quarterly Financial Results For Q3 And 9m FY21
The Net Credit-impaired assets have reduced to 1.95% as on 31 December 2020 with the Provisioning Coverage Ratio inching higher to 61.87%.
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REC Posts 66% Jump In Net Profit At Rs 2,197 Cr In September quarter
Its consolidated net profit had stood at Rs 1,322.47 crore in the corresponding quarter of the previous financial year, according to a BSE filing.
Read MoreREC Organizes Session On Insolvency And Bankruptcy Code (IBC)
REC Limited, being one of the biggest NBFCs in the country, has an exhaustive loan book and thus it was of utmost importance that every member of REC has a basic understanding of IBC.
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REC Limited Raises 3 Yr USD 500 Mn Bonds
This marks first USD cross border issuance out of India since COVID-19,
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