https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

REC Limited Reports 18 Percent YoY Growth in Q3 FY25 Loan Disbursements

The total disbursements for the quarter reached ₹54,692 crore, reflecting a 17.98% rise compared to the same period last year.
Indian Masterminds Stories

REC Limited, a Maharatna CPSE operating under the Ministry of Power and a leading non-banking financial company (NBFC), has recorded notable growth in loan disbursements for the third quarter of fiscal year 2024-25, ending on December 31, 2024. The total disbursements for the quarter reached ₹54,692 crore, reflecting a 17.98% rise compared to the same period last year.

A significant portion of these disbursements went toward renewable energy projects, which saw a remarkable 58.09% year-on-year (YoY) surge to ₹6,314 crore. This demonstrates REC’s increased efforts to bolster India’s clean energy initiatives and promote sustainable infrastructure.

During the first nine months of FY25 (April to December 2024), the company disbursed a total of ₹1,45,647 crore, representing 19.30% growth compared to ₹1,22,089 crore disbursed during the corresponding period of the previous year. Notably, renewable energy loans for this period amounted to ₹17,612 crore, showcasing a significant YoY growth of 78.68%.

These impressive results highlight REC’s pivotal role in advancing India’s power sector, with a sharpened focus on renewable energy. Its alignment with national clean energy objectives and efficient scaling of financial support reinforce its leadership in funding the country’s energy transition.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Haryana Jungle Safari
Haryana’s Mega Jungle Safari Project Moves Closer to Reality; Phase-I Design Finalised
SBK Singh IPS CP
Delhi Police Commissioner S B K Singh Bans Aerial Platforms from August 2 to 16 for Security Reasons
IPS-logo-resized_new
10 Senior Cops Get New Roles In Bihar Police; DG Jitendra Kumar Gets Additional Charge of B-SAP
Indian Forest Services IFS officer
Jharkhand IFS Rajneesh Kumar Transferred Amid Ongoing Legal Proceedings - Details Inside
Uttar Pradesh UP Government
17 Review Officers Transferred in Uttar Pradesh Secretariat Administration Reshuffle - Details Inside
IFS-forest-resized
6 IFS Officers Transferred in Odisha to Strengthen Environmental Administration, Jagayandatt Pati Made RCCF, Koraput Circle
IAS Officers Indian Administrative Services IAS logo
4 Young IAS Officers Reshuffled in Uttarakhand, Rahul Anand Made Joint Magistrate, Dehradun
Odisha Government
Odisha Elevates Two Promising IFS Officers to Senior Time Scale, Strengthening Forest Leadership - Know More About Them
ADVERTISEMENT
ADVERTISEMENT
Videos
IAS Karn Satyarthi
How IAS Karn Satyarthi Transformed Gumla Through Empathy and Innovation
Ananth Rupanagudi IRAS
IRAS Ananth Rupanagudi’s Take on Corruption, Reform, and Duty
WhatsApp Image 2025-07-26 at 13.16
What Most Indians Don't Know About Jim Corbett
ADVERTISEMENT
UPSC Stories
BPSC Bihar police
From Lantern Light to Police Uniform: How Praveen Kumar from a Small Bihar Village Cracked BPSC to Become SDPO
From a lantern-lit village in Bihar to becoming an SDPO, Praveen Kumar's journey is a testament to resilience,...
IAS Priyansha Garg
Why Mindset Matters: IAS Priyansha Garg’s Mental Health Mantra for UPSC
After two failed prelims, Priyansha Garg cracked UPSC with AIR 31 in her fourth attempt, proving how...
Ashish Akshat
From Setback to State Topper: How Ashish Akshat Topped JPSC While Working Full-Time
Ashish Akshat from Dhanbad topped JPSC 2023, proving that resilience, discipline, and family support...
Social Media
Mudumalai Tiger Reserve
Mudumalai Tiger Reserve: From India’s First Sanctuary to a Tiger Conservation Success Story | International Tiger Day Special
IAS Supriya Sahu Hails Mudumalai's Role in Tiger Conservation on Tiger Day. Declared in 1940, Now Among...
Mangroves
Mangroves: Nature’s Shield Against Disasters, Says Officer Parveen Kaswan on Mangroves Day - Watch His Post Here
Mangroves, with their dense, interlaced root systems, form a mesh-like structure that serves as a buffer...
Retired IPS Inderjit Singh Sidhu
Purpose Doesn’t Retire: How 88-Year-Old Retired DIG Becomes Chandigarh’s ‘Quiet Warrior’ of Cleanliness
Inderjit Singh Sidhu’s Dawn Patrol Earns Applause, Mahindra’s Praise for a Man Who Chose Action Over...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
WhatsApp Image 2025-08-02 at 14.02
IPS Jatin Narwal: The Officer Who Returned to the Heart of the City He Once Topped
IAS Ashwani Kumar
Assam’s Bold Bet on Local Talent: IAS Ashwani Kumar’s Vision for a Digital Assam
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
IAS Karn Satyarthi
Ananth Rupanagudi IRAS
WhatsApp Image 2025-07-26 at 13.16
ADVERTISEMENT
ADVERTISEMENT