Skip to main content

https://indianmasterminds.com

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
Exam Student Aspirant
Mukhyamantri Abhyudaya Yojana: UP Offers Free Coaching for UPSC, UPPSC, JEE, NEET and NDA Across 75 Districts 
Suryakiran Aerobatic Team
Suryakiran Aerobatic Team Makes Meerut Debut, Over 1 Lakh Witness IAF’s Spectacular Air Display 
Coaching
Uttarakhand SC Students Get Free UPSC-PCS Coaching at Garhwal University, Apply by September 27
Haryana Police Martyrs
Haryana Govt Transfers 10 IPS and HPS Officers, Rajesh Kumar Gets SP Law and Order Charge
Rail Vikas NIgam Limited RVNL
RVNL Secures ₹404.88 Crore East Coast Railway Order for Third Railway Line Works
Rekha Gupta
Delhi CM Rekha Gupta Approves 1,000 Acres of Southern Ridge for Reserved Forest Notification
Delhi Heritage Clubs
Delhi CM Rekha Gupta Launches Heritage Clubs in 75 CM-Sri Schools to Promote Heritage Awareness
Sugar Industry mill
Bihar Plans Revival of Closed Sugar Mills, 25 New Units to Boost Industry and Rural Employment
ADVERTISEMENT
ADVERTISEMENT
Videos
Keshav kumar
From Police Officer to Forensic Pioneer: How Dr Keshav Kumar Made Science a Weapon Against Crime
ChatGPT Image Aug 20, 2026, 05_46_21 PM
How IPS Officer Keshav Kumar Used Forensics to Crack Gujarat’s Lion Poaching Case
Shakeel Ahmad Ganie IRS Interview
‘My Path Has Not Been Straight’: Shakeel Ahmad Ganie’s Journey to the IRS
ADVERTISEMENT
UPSC Stories
Umar Janj UPSC CAPF AC 2025
After 15 Failures, Umar Janj Finally Heard the Words He Had Been Waiting For: ‘I have made it'
Umar Janj from Jaisalmer secured AIR 160 in UPSC CAPF 2025 after 15+ failures, four attempts, four SSBs...
Abhishek Parmar
NDA Failures, CAPF Setbacks, Then AIR 248:How Abhishek Parmar Overcame Years of Exam Setbacks
Abhishek Parmar became the third generation of his family to enter uniformed service after overcoming...
Naveen Kumar Saini UPSC CAPF
After 3 NDA Attempts and a 7-Mark Miss, Naveen Kumar Saini Gets AIR 7 in UPSC CAPF 2025
Naveen Kumar Saini secured AIR 7 in UPSC CAPF 2025 after multiple NDA and SSB failures and missing CAPF...
CSR NEWS
NTPC Kanti CSR
NTPC Kanti Allocates ₹1 Crore CSR Budget to Improve Seven Chhath Ghats in Muzaffarpur
CSR initiative under FY 2026-27 will improve community infrastructure and provide safer, more convenient...
NCL Nanha-Sa-Dil
NCL Launches Second Phase of ‘Nanha-Sa-Dil’ CSR Initiative to Provide Free Cardiac Care to Children
₹9.17 crore programme to organise 700 screening camps, cover 52,500 children and facilitate 500 cardiac...
WCL Happy School Project
WCL Signs MoU to Transform Nagpur School Under Happy School Project, 267 Students to Benefit
Project will modernise Shishu Vihar Uccha Prathmik Shala with improved infrastructure and digital interactive...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Exam Student Aspirant
Mukhyamantri Abhyudaya Yojana: UP Offers Free Coaching for UPSC, UPPSC, JEE, NEET and NDA Across 75 Districts 
Suryakiran Aerobatic Team
Suryakiran Aerobatic Team Makes Meerut Debut, Over 1 Lakh Witness IAF’s Spectacular Air Display 
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Keshav kumar
ChatGPT Image Aug 20, 2026, 05_46_21 PM
Shakeel Ahmad Ganie IRS Interview
ADVERTISEMENT
ADVERTISEMENT