REC Merger With PFC Nears Final Stage as Board Meeting Set for June 28; What It Means for Investors
Summary State-owned lender REC Ltd has scheduled a board meeting on June 28, 2026, to consider and approve its proposed merger with Power Finance Corporation (PFC). The development comes after the company received presidential approval earlier this month, bringing the long-awaited consolidation a step closer. Investors are closely tracking the merger as it could create … Read more