The board of PFC and REC accorded its in-principle approval for restructuring in the form of a merger of the two firms. The ...

Acting on this, the PFC board accorded in-principle approval for a merger with REC. In its regulatory filing, the company ...

In Budget 2026, FM Sitharaman proposed to restructure Power Finance Corporation and Rural Electrification Corporation ...

State-owned power sector financiers Power Finance Corporation (PFC) and REC Ltd on Thursday informed stock exchanges that ...

The recently announced merger of Power Finance Corporation (PFC) and REC Ltd is fueling hopes that power sector linked ...

On Wednesday, the Nifty 50 and Sensex opened slightly higher, driven by IT stocks. Bank Nifty achieved record highs, while ...

The PFC-REC merger is a structural consolidation, not a business overhaul. Here's what it means for investors, government stake rules and possible execution scenarios ...

Power Finance Corporation Ltd has acquired 52.63% of REC Limited's shares, making it a subsidiary. This move aligns with the ...

The boards of the two state-owned lenders on February 6 approved the merger in principle, following the Union Budget ...

The board of Power Finance Corporation (PFC) on Friday granted in-principle approval for the merger of its subsidiary Rural ...

Motilal Oswal stays bullish on PFC and REC, flagging up to 21% upside as Budget 2026’s NBFC restructuring revives merger ...