PFC-REC merger explained: Swap ratio, rationale, other key details as merger set to create Rs 11 lakh cr p
- Posted on June 29, 2026
- By Business News Today
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- 1 min read
PFC-REC merger explained: Swap ratio, rationale, other key details as merger set to create Rs 11 lakh cr p
The proposed merger of Power Finance Corporation and REC will create India's largest power sector financing institution with a combined loan book exceeding Rs 11 lakh crore. Here's a look at the approved share swap ratio, merger rationale, pending approvals, record date details, and what the restructuring means for shareholders.
