Tag: REC

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REC, PFC Boards Approve In-Principle Merger Proposal

By Enersider Desk | New Delhi The boards of directors of REC Ltd and Power Finance Corporation Ltd (PFC) have granted in-principle approval to proceed with a proposed merger of the two public sector non-banking financial companies, in line with the announcement made in the Union Budget 2026–27. In her Budget speech, the Finance Minister […]