PFC-REC merger approved, creating India's largest power NBFC

29 Jun 2026via SiliconindiaSource

English हिंदी తెలుగు தமிழ்ಕನ್ನಡ मराठी বাংলা ગુજરાતી

PFC-REC merger approved, creating India's largest power NBFC. The board has cleared the merger, combining two state-owned giants. The new entity will have a combined ₹3.6 lakh crore loan book, enhancing scale and efficiency in the power sector. Integration is expected to be complete by FY25.

📊 STOCKS: PFC, RECLTD | 🏢 SECTOR: CapitalMarkets | #HIGHIMPACT #Merger

#Merger#NBFC#PowerSector

Stocks mentioned

PFCPFC RECLTDRECLTD

⚠️ This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.

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