Rural Electrification Corporation Limited.
public Infrastructure Finance Company in India’s power sector
REC’s ₹500 crore tokenized bond draws nearly eight times oversubscription from top banks
REC Ltd issued India’s first pilot tokenized corporate bond under SEBI’s sandbox, raising ₹500 crore with an 8x oversubscription and settling the issue on the same day with listings on NSE and BSE, using RBI’s wholesale CBDC for settlement. The deal, aided by HDFC and ICICI among about 20 institutional buyers, leverages Demat 2.0 and a permissioned distributed ledger to boost settlement speed and transparency, signaling potential deepening of India’s debt markets.
Finance · 14 sources · Sep 7, 2026Read it
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About Rural Electrification Corporation Limited
REC Limited, formerly Rural Electrification Corporation Limited, is an Indian public sector company that finances and promotes power projects across India. It loans to Central/State Sector Power Utilities, State Electricity Boards, Rural Electric Cooperatives, NGOs and Private Power Developers. It is a subsidiary of Power Finance Corporation (PFC) and is under administrative control of the Ministry of Power, Government of India.
Everything about Rural Electrification Corporation Limited →- Headquarters
- New Delhi
- Inception
- 1969
- Website
- http://recindia.nic.in/