REC gets RBI nod to set up subsidiary in GIFT City, Gujarat
May 6th, 2024 | By ThenewsmanofIndia.com(THE NEWSMAN OF INDIA.COM) Gurugram, 05 May 2024: REC Limited, a Maharatna CPSE under Ministry of Power and a leading NBFC has received a ‘No Objection Certificate’ (NOC) from Reserve Bank of India (RBI) for setting up a subsidiary in Gujarat International Finance Tech-City (GIFT) in Gandhinagar, Gujarat. The decision to expand operations into GIFT,
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