REC Gets RBI Nod for GIFT City Subsidiary, Eyes Global Expansion
The entity at GIFT City is expected to offer new business opportunities and contribute to the growth of India's energy sector.
Source: indiainfoline.com
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REC gets a Gift City invite! RBI okays plan to set up subsidiary in financial hub
The decision to expand operations into GIFT, a burgeoning hub for financial services in India, comes as REC continues to diversify its portfolio and explore new avenues for growth, the company stated.
Source: businesstoday.in
REC gets RBI nod to set up subsidiary in GIFT City
The proposed subsidiary will engage in a range of financial activities as a finance company within GIFT, including lending, investment, and other financial services.
Source: moneycontrol.com
REC: REC gets RBI nod to set up subsidiary in GIFT City
According to the statement, REC Ltd, under the Ministry of Power and a leading NBFC, has received a 'No Objection Certificate' (NOC) from the Reserve Bank of India (RBI) for setting up a subsidiary in Gujarat International Finance Tech-City (GIFT) in Gandhinagar, Gujarat.
Source: indiatimes.com
REC inks pact to bankroll infra projects worth Rs 20,000 crore a year in Rajasthan
REC Limited, a Maharatna CPSE under the Ministry of Power, has signed an MoU with the Rajasthan government to finance projects across power and non-power infrastructure sectors with an investment of up to Rs 20,000 crore per annum for a period ...
Source: prokerala.com