REC Limited Receives RBI No-Objection Certificate for Proposed Merger with PFC
Oct 16th, 2026 | By ThenewsmanofIndia.com
REC Limited has received a No-Objection Certificate (NOC) from the Reserve Bank of India (RBI) for its proposed merger with Power Finance Corporation Limited (PFC). The NOC was received on October 15, 2026, subject to the instructions and conditions specified by RBI. The respective boards of REC Limited and PFC had approved the proposed merger
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