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
ChhattisgarhGovt_resized
Chhattisgarh Records 34% Rise in Mineral Revenue, Sets New Targets at Geological Board Meet; Future Roadmap Discussed
Vish
Chhattisgarh CM Invites Japanese Firm for Food Processing and Electronics Facilities; Mineral-Rich State Owns Up Japanese Tech
Rajnath Singh
A Leap Towards Aatmanirbhar Bharat: Rajnath Singh Commissions INS Udaygiri & INS Himgiri, India’s Next-Gen Stealth Frigates
Uttar Pradesh News
UP: CM Yogi Launches Real-time ERP-based Monitoring System for Atal Residential Schools, Around 18,000 Students To Be Facilitated
Rail News
PM Modi Dedicates Rs. 1,400 Crore Rail Projects in Gujarat, Mahesana-Palanpur Doubling & Kalol-Katosan Road Gauge Conversion Enabled
Indian Forest Services IFS officer
Uttarakhand Transfers 35 IFS Officers in Major Reshuffle; Sanjeev Chaturvedi Appointed Director, Forestry Training Academy
Hemant Soren CM
Jharkhand CM Hemant Soren Reviews Dhurwa Smart City Convention Centre, Orders Revival Plan Focusing On Utility and State Interest
PV Sunil Kumar, IPS
Andhra Pradesh Extends Suspension of Senior IPS Officer P.V. Sunil Kumar for Six More Months Amid Ongoing Inquiry- Know More
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-08-25 at 13.56
Operation Hunt: IPS Dr. Karanraj Vaghela’s Mission to Nab Valsad’s Most Wanted
Dr
Resisted Flawed Schemes, Transferred Thrice In Three Months, Found Solace In Writing
WhatsApp Image 2025-08-11 at 4.48
IAS SVR Srinivas on Mumbai Trans Harbour Link, Tough Calls, and the Real Power of IAS Officers | Video Interview
ADVERTISEMENT
UPSC Stories
IAS Minnu P M
“Lazy, Sleepy, Yet Determined”: Minnu P M’s Honest Take on Cracking UPSC
Minnu PM, once a clerk in Kerala Police, cleared UPSC with AIR 150 after five years of struggle. Her...
IPS Ashish Tiwari
From IIT and Investment Banking to Public Service, Meet IPS Ashish Tiwari 
Ashish Tiwari, IIT graduate and former investment banker, chose public service over global finance. As...
WhatsApp Image 2025-08-12 at 7.27
First Attempt IRS, Fourth Attempt IPS: The Relentless Pursuit of Jitendra Kumar Yadav Who Cracked UPSC 3 Times
IPS Yadav is originally from Chhattisgarh. He was first selected for the IRS through UPSC and later for...
Social Media
Masahiro Hara
From Go Board to Global Use, How QR Codes Changed the World: IRAS Officer Ananth Rupanagudi Spotlights Masahiro Hara’s Vision
IRAS officer Ananth Rupanagudi shared a video on Masahiro Hara, the inventor of QR codes, highlighting...
IFS Susanta Nanda Video
A Mother’s Duty: Tigress Watches Over Cubs Splashing in Waterhole — Heartwarming Video Shared By Retd. IFS Officer Susanta Nanda
A tender wildlife video shared by Retd. IFS officer Susanta Nanda shows a tigress keeping watch over...
Mohanmala
Kaziranga Mourns: Beloved Elephant Mohanmala Passes Away After Five Decades of Service
Kaziranga National Park mourns the loss of Mohanmala, a beloved elephant who served over 50 years as...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
ChhattisgarhGovt_resized
Chhattisgarh Records 34% Rise in Mineral Revenue, Sets New Targets at Geological Board Meet; Future Roadmap Discussed
Vish
Chhattisgarh CM Invites Japanese Firm for Food Processing and Electronics Facilities; Mineral-Rich State Owns Up Japanese Tech
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-08-25 at 13.56
Dr
WhatsApp Image 2025-08-11 at 4.48
ADVERTISEMENT
ADVERTISEMENT