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The Economic Times

Top News / The Economic Times

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Govt considering merger of state-run entities PFC and REC

The government is exploring a merger of Power Finance Corporation and REC Ltd. This move is part of a broader restructuring effort for public sector financial institutions. The Power Ministry will work out the details. A similar merger was considered in 2019 but did not materialize. Shares of both companies saw a rise following earlier announcements.

2 Feb 2026 7:13 pm