REC Limited has been conferred with the “Best Central Public Sector Undertaking” (PSU) award in the financial services category at the Dun & Bradstreet PSU Awards 2023. REC is one of the largest non-banking financial companies in the country, with lending operations across the power sector value chain and a focus on the non-power infrastructure and logistics space. In the first quarter of 2023-24, the loan book of REC stood at Rs 4.54 trillion and the net worth rose to Rs 608.86 billion.
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