Company Information

Get to know REC Limited

Established in 1969, REC Limited is a 'Maharatna' Central Public Sector Undertaking under the administrative control of India's Ministry of Power. Originally incorporated as Rural Electrification Corporation Limited, it has evolved into a key player in financing the entire power sector value chain, including generation, transmission, and distribution. In recent years, REC has diversified its portfolio to include financing for infrastructure and logistics sectors, playing a crucial role in the development and modernization of India's core industries. The company raises funds from domestic and international markets to provide long-term loans, project financing, and other financial solutions to central/state sector power utilities, state electricity boards, and private sector companies.

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Financial FundraisingPRIMARY
Financial Other Service

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REC Limited

India

Founded in

1969 (57 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.