First derivative referencing SORA in India by DBS Bank

Actively transitioned IBOR benchmarked transactions to new reference rates with two state-owned entities - Power Finance Corporation Ltd & REC Limited

DBS Bank India completes maiden active loan switch ahead of LIBOR transition

4.58 Lacs Kilograms of food grains, 1.26 Lakh meal packets, 9600 litres of sanitizers, 3400 PPE kits and 83000 masks distributed by REC Limited through TajSATS as of 24 May

Rural Electrification Corporation Limited (former name) is lending helping hands in Corona Era

REC Limited ties up with TajSATS to provide nutritious meals to frontline healthcare workers

26 May 2020 REC Limited, a central PSU under Ministry of Power and one of India’s largest power financiers, is spearheading the mission to feed the medical staff in key government hospitals as well as poor daily wage labourers across the nation, through collaborative efforts.