Public Sector Unit News

REC Limited Honoured with Prestigious ‘NBFC of the Year’ Award

At the 3rd Annual Bharat NBFC & FinTech Summit & Awards 2026, the esteemed “NBFC of the Year” title was bestowed upon REC Limited, a Navratna PSU operating under the Ministry of Power. This accolade is in recognition of the substantial contribution that REC has made to funding India’s power and infrastructure sectors.

At the award ceremony, Alok Kumar, CPM of the REC Regional Office in Mumbai, accepted the accolade on behalf of the firm.

In addition to reiterating REC’s contribution to India’s infrastructure development program, the honour underscores the company’s ongoing commitment to responsible lending, sustainable growth, and operational excellence.

When it comes to large-scale electricity and infrastructure projects, REC has always been there to lend a helping hand. They do this by coming up with creative financing solutions and making smart investments that are in line with the country’s growth goals.

Recognised for its dedication to transparency, developing trust with stakeholders, and creating long-term value, REC continues to solidify its position in the financial industry. This recognition highlights the company’s efforts to advance nation-building projects.

Disclaimer: All news articles are sourced through valid sources, and Business Unlimited (BU) doesn’t have any exclusive rights on these pieces. If BU features any exclusive story or article, it will be marked as Exclusive Story.

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