Discoms must apply for central grants by December 31: Power minister RK Singh As per the design of the scheme, loss-making discoms will have access to the Centre’s funds only after preparing a… Updated: July 31, 2021 12:44 am
Power lenders shares plunge as rescue package may affect margins According to traders, the package is a long term positive but would compress lenders’ margins significantly in short term. The… Updated: November 6, 2015 4:28 pm
Despite low yields, public issue of REC tax-free bonds evokes good response Rural Electrification Corporation’s public issue of tax-free bonds was on Tuesday over-subscribed by as much as four times, according to… October 28, 2015 12:24 am
REC set to raise Rs 2,750 cr via five-year bonds Rural Electrification Corporation (REC) is set to raise Rs 2,750 crore through its five-year bond issue, according to bond market… Updated: September 21, 2015 11:39 pm
As yields rise, even regular bond issuers turn to commercial paper Regular borrowers in the corporate bond market seem to be turning to commercial paper, at least on a temporary basis,… Updated: June 11, 2015 11:53 pm
REC raises Rs 2,396 crore through 10-year bonds; SAIL gets bids at 7.95% State-owned Rural Electrification Corporation (REC) has raised R2,396 crore through long-term bonds, according to bond arrangers. Updated: April 10, 2015 5:15 am
Rural Electrification Corp share sale subscribed more than twice A sale of shares in India’s state-run Rural Electrification Corp Ltd worth up to $250 million has been subscribed nearly… April 8, 2015 2:42 pm
Govt fixes floor price at Rs 315/share for REC stake sale Plans to raise about R1,550 cr Updated: April 8, 2015 1:14 am
Govt to sell 5% REC stake tomorrow The government will sell 5% stake in state-owned financing company Rural Electrification Corporation… April 7, 2015 12:22 am
REC stake sale on Wednesday; govt to get about Rs 1,600 cr Government will sell 5 per cent stake in Rural Electrification Corporation (REC) on April 8 to mop up close to… Updated: April 6, 2015 9:21 pm
Buy REC on loan growth, stable asset quality Maintain ‘buy’ on Rural Electrification Corporation (REC) on healthy loan growth… February 19, 2015 1:27 am
Firms’ borrowing costs fall to lowest level since May 2013 Companies’ borrowing costs have fallen to the lowest level seen since May 2013 with corporate bond yields in the 10-year… Updated: January 21, 2015 5:41 am
Govt likely to conduct 5% stake sale in REC in 7-10 days Response from the international roadshows for divestment of REC and PFC has been encouraging… Updated: January 20, 2015 10:28 pm
Rural Electrification Corporation looking to raise Rs 2,250 cr via 10-year bonds next week Rural Electrification Corporation plans to raise R2,250 crore through a bond issue next week. Updated: December 18, 2014 11:19 pm
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