31 October 2026
ADVERTISEMENT
ADVERTISEMENT

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


Indian Masterminds Stories
Join our WhatsApp Channel
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
GIC Re
GIC Re H1 FY27 Results: Gross Premium Income Rises 12.3% to ₹24,703.57 Crore, Net Profit Falls 5.23%
Preeti Yadav IPS
Who Is IPS Preeti Yadav? 2019-Batch UP Cadre Officer Appointed Noida Zone-1's First Woman DCP
Coal block operationalisation
Ministry of Coal Holds ‘Mining for Future’ Meet, Urges Faster Operationalisation of Allocated Coal Blocks 
1600x960_424828-cbic
CBIC Transfers 10 Senior IRS Officers: Atul Kumar Rastogi Moves to CESTAT, 9 Get New Postings
PMGSY Bihar rural road connectivity
Bihar Cabinet Approves Industrial Use of 266 Acres at Motipur Sugar Mill Site, Opens Land for New Industries
Air Marshal Inderpal Singh Walia
Who Is Air Marshal Inderpal Singh Walia? New Vice Chief of Air Staff to Take Charge on November 1
Central Board of Indirect Taxes and Customs
CBIC Transfers 18 Deputy and Assistant Commissioners: Full List of Officers and New Postings
IRS
CBIC Promotes 2 Senior IRS Officers: Rakesh Goyal and Rajeev Yadav Elevated as Chief Commissioners/DG
ADVERTISEMENT
ADVERTISEMENT
Videos
Five years after Kargil, India sent its cricketing heroes to Pakistan where terrorism posed a deadly threat. The man guarding them, former Special Director of Intelligence Bureau, Mr. Yashovardhan Azad, reveals what all went behind the scenes during that crucial tour. 
Trust No One, Said His Instinct in Pakistan
Gajendra Singh Shekhawat
How India Plans to Boost Tourism, Create Jobs and Ease Overcrowding : Gajendra Singh Shekhawat on the Road to 2047
Dr Saket Badola IFS
Beyond Tigers and Safaris: How Corbett Literature Festival Wants to Change the Conservation Conversation
ADVERTISEMENT
UPSC Stories
UPSC Story
He Taught Students to Meet Expenses. Today, Sachin Bhadouria is a Scientist ‘B’ at CWPRS
Sachin Bhadouria overcame financial challenges and a Hindi-medium background to secure AIR 2 in a UPSC...
Vishwas Jhargad UPSC CAPF
A Photograph of His Mother Accompanied Vishwas Jhargad to the UPSC Interview, Where His Dream Came Closer
Vishwas Vijay Jhargad lost both parents as a child. With his family's support, he secured AIR 145 in...
IA&AS Lokesh Datal
‘Dreams Don’t Change Lives, Daily Habits Do’: IA&AS Officer Lokesh Datal on UPSC and Discipline
IA&AS officer Lokesh Datal shares his UPSC journey, clearing the exam in his fourth attempt, building...
CSR NEWS
CMPDIL Unnat Krishi Project
CMPDIL Signs MoA with Nidhi Samriddhi Foundation to Promote Climate-Resilient Agriculture in Jharkhand
Unnat Krishi Project to introduce ICT and IoT-enabled precision farming for around 100 farmers across...
MCL
MCL Signs MoU to Provide ₹3.20 Crore for Multipurpose Community Hall in Anugola Under CSR
The project at the Reserve Police Office in Chheliapada aims to strengthen local civic infrastructure...
nalco
NALCO Foundation Signs MoU to Sponsor 21 Odisha Youths for Three-Year Nursing Diploma 
The three-year nursing course will support youths from villages near NALCO’s Anugul and Koraput complexes,...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
GIC Re
GIC Re H1 FY27 Results: Gross Premium Income Rises 12.3% to ₹24,703.57 Crore, Net Profit Falls 5.23%
Preeti Yadav IPS
Who Is IPS Preeti Yadav? 2019-Batch UP Cadre Officer Appointed Noida Zone-1's First Woman DCP
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Five years after Kargil, India sent its cricketing heroes to Pakistan where terrorism posed a deadly threat. The man guarding them, former Special Director of Intelligence Bureau, Mr. Yashovardhan Azad, reveals what all went behind the scenes during that crucial tour. 
Gajendra Singh Shekhawat
Dr Saket Badola IFS
ADVERTISEMENT
ADVERTISEMENT