REC Honoured with Prestigious “NBFC of the Year” Recognition
REC Limited has added yet another prestigious recognition to its growing list of achievements by being honoured with the “NBFC of the Year” award at the 3rd Annual Bharat NBFC & FinTech Summit & Awards 2026. The award stands as a testament to REC’s outstanding contribution to the financial sector and its continued leadership in supporting India’s infrastructure and power development through innovative and responsible financing solutions.
The award was received on behalf of REC by Shri Alok Kumar, CPM, REC Regional Office, Mumbai, during the summit ceremony attended by prominent leaders from the banking, non-banking financial, and fintech sectors. The recognition highlights REC’s strong financial performance, operational excellence, and sustained commitment towards nation-building initiatives.
Over the years, REC has emerged as one of India’s leading Non-Banking Financial Companies (NBFCs), playing a pivotal role in financing projects across the power and infrastructure sectors. With a strong legacy and consistent growth trajectory, REC has significantly contributed to strengthening the country’s energy security, rural electrification, renewable energy expansion, and infrastructure modernization.
The “NBFC of the Year” award reflects REC’s ability to adapt to changing economic and financial landscapes while maintaining high standards of governance, transparency, and customer-centric services. The company’s strategic approach towards financing critical infrastructure projects has enabled it to remain a trusted partner for various public and private sector initiatives across the country.
REC’s success has been driven by its unwavering focus on sustainable growth and responsible lending practices. By financing projects that contribute to economic development and social progress, REC continues to support India’s long-term infrastructure goals. The company has also been actively promoting green and renewable energy projects, aligning its operations with the nation’s sustainability objectives and clean energy transition plans.
The recognition further underlines the trust and confidence that stakeholders, investors, and industry partners place in REC’s operational capabilities and financial strength. Through prudent risk management, innovative financing models, and efficient project execution support, REC has consistently demonstrated resilience and excellence in the financial ecosystem.
Apart from its strong business performance, REC has also maintained a deep commitment towards corporate social responsibility and inclusive development. The organization continues to undertake impactful initiatives in healthcare, education, sanitation, skill development, and rural infrastructure, contributing towards holistic community development across India.
Receiving the “NBFC of the Year” award at a national platform like the Bharat NBFC & FinTech Summit & Awards 2026 marks another milestone in REC’s journey of excellence. The achievement reinforces the organization’s commitment to delivering long-term value to stakeholders while continuing to play a vital role in India’s infrastructure growth story.
As REC moves forward, the company remains focused on driving innovation, strengthening financial inclusion, supporting sustainable infrastructure, and contributing meaningfully towards the vision of a developed and self-reliant India.