REC Limited to Establish Wholly Owned Subsidiary in GIFT City, Gujarat
New Delhi: REC Limited, a prominent Maharatna Central Public Sector Enterprise under the Ministry of Power and a leading Non-Banking Financial Company (NBFC), has received a ‘No Objection Certificate’ (dated May 3, 2024) from the Reserve Bank of India, paving the way for the establishment of a wholly owned subsidiary in the International Financial Services…
