{"id":641175,"date":"2024-04-09T10:07:24","date_gmt":"2024-04-09T04:37:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=641175"},"modified":"2024-04-10T10:44:51","modified_gmt":"2024-04-10T05:14:51","slug":"state-owned-rec-ltd-sanctioned-record-rs-3-59-trillion-loan-in-fy24","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/state-owned-rec-ltd-sanctioned-record-rs-3-59-trillion-loan-in-fy24\/","title":{"rendered":"State-owned REC Ltd sanctioned record Rs 3.59 trillion loan in FY24"},"content":{"rendered":"<p>State-owned REC has made record loan sanctions worth Rs 3.59 trillion during 2023-24, posting a year-on-year rise of 33.66 per cent. <\/p>\n<p>It had sanctioned Rs 2.68 trillion as loan during the preceding 2022-23 fiscal, the company said in an exchange filing. <\/p>\n<p>Of the total Rs 3.59 trillion, Rs 1.36 trillion were &#8220;renewable energy sanctions&#8221;, higher from Rs 21,371 crore sanctioned for green projects a year ago. <\/p>\n<p>&#8220;REC Ltd has continued its growth trajectory and posted&#8230;strong operational performance with highest ever loan sanctions at Rs 3.59 trillion and the highest ever loan disbursements at Rs 1.61 trillion during the year 2023-24,&#8221; it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned REC has made record loan sanctions worth Rs 3.59 trillion during 2023-24, posting a year-on-year rise of 33.66 per cent. It had sanctioned Rs 2.68 trillion as loan during the preceding 2022-23 fiscal, the company said in an exchange filing. Of the total Rs 3.59 trillion, Rs 1.36 trillion were &#8220;renewable energy sanctions&#8221;, higher from Rs 21,371 crore sanctioned for green projects a year ago. &#8220;REC Ltd has continued its growth trajectory and posted&#8230;strong operational performance with highest ever loan sanctions at Rs 3.59 trillion and the highest ever loan disbursements at Rs 1.61 trillion during the year 2023-24,&#8221; [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-641175","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/641175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=641175"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/641175\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=641175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=641175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=641175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}