REC gets RBI nod to set up subsidiary in GIFT City
REC on Sunday said it has received RBI’s approval to set up a subsidiary in GIFT City, Gujarat. The proposed subsidiary will engage in a range of financial activities as a finance company within GIFT, including lending, investment, and other financial services, a company statement said. According to it, REC has received an NOC from RBI for setting up a subsidiary in GIFT in Gandhinagar, Gujarat.
05 May 2024 | 09:24 PM