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REC Ltd Wins “NBFC of the Year” Award at 2026 Bharat NBFC & FinTech Summit for Infrastructure Financing Excellence

REC Limited honoured for its strong role in power and infrastructure funding, sustainable growth practices, and contribution to India’s economic development; award received by Alok Kumar on behalf of the company.
Indian Masterminds Stories

New Delhi: REC Limited has been awarded the prestigious “NBFC of the Year” title at the 3rd Annual Bharat NBFC & FinTech Summit & Awards 2026, recognising its strong contribution to infrastructure financing, sustainable growth, and India’s energy development goals.

Prestigious Industry Recognition for REC Ltd

The award highlights REC Ltd’s leadership role in India’s Non-Banking Financial Company (NBFC) sector. The honour was received on behalf of the company by Alok Kumar, CPM, REC Regional Office, Mumbai, during the award ceremony.

Industry experts noted that the recognition reflects REC’s consistent performance in financing large-scale infrastructure projects and maintaining strong governance standards.

Read also: REC Limited Elevates Mohammed Azaz Ali as Chief Compliance Officer to Strengthen Governance Framework 

Strong Contribution to Infrastructure and Power Sector

REC Ltd has played a crucial role in funding India’s infrastructure development, particularly in the power and energy sector.

Key contributions include:

  • Financing large-scale infrastructure projects across India
  • Supporting expansion of the power sector
  • Promoting sustainable and responsible lending practices
  • Aligning with national development and energy goals

The company continues to be a key financial backbone for infrastructure growth in the country.

Focus on Sustainable Growth and Financial Discipline

The award also acknowledges REC’s commitment to:

  • Operational excellence
  • Strong financial discipline
  • Long-term value creation
  • Stakeholder trust and transparency
  • Sustainable financing practices

REC’s strategic approach has helped strengthen its position as one of India’s most trusted infrastructure financing institutions.

Role in India’s Economic Development

Over the years, REC Limited has been instrumental in accelerating infrastructure development, supporting government initiatives, and enabling critical projects that contribute to India’s economic growth.

Its financing support has helped improve energy access, boost industrial development, and strengthen national infrastructure capacity.

The recognition at the Bharat NBFC & FinTech Summit 2026 further reinforces REC Ltd’s leadership in infrastructure financing and its growing influence in India’s financial ecosystem.

About REC Limited

REC Limited is a leading public sector enterprise under the Ministry of Power, primarily engaged in financing power sector projects across India. Recognized as a Maharatna company, REC also actively contributes to social development through CSR initiatives in healthcare, education, and rural infrastructure.

Read also: REC Limited Commits ₹1.40 Crore for AR-VR Based Learning Labs in 10 Government Schools in Haryana


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