PSU NBFC stock falls 4% after board okays Rs 1.2 lakh crore market borrowing programme
REC is a Maharatna Central Public Sector Undertaking under the Ministry of Power. It is a leading infrastructure finance company with a market cap of Rs 32,441 crore (as on 10 March 2023). Its business activities involve financing projects in the complete power sector value chain, be it generation, transmission or distribution.