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REC (BOM:532955) Money Market Investments : ₹12,461 Mil (As of Mar. 2024)


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What is REC Money Market Investments?

REC's money market investment for the quarter that ended in Mar. 2024 was ₹12,461 Mil. It means REC paid ₹-12,461 Mil to invest on the money market.

Compared with last quarter (₹6,838 Mil in Dec. 2023 ), REC paid less money to invest on the money market in Mar. 2024 (₹12,461 Mil).


REC Money Market Investments Historical Data

The historical data trend for REC's Money Market Investments can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

REC Money Market Investments Chart

REC Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Money Market Investments
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,007.20 8,574.30 15,177.30 - 12,460.80

REC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Money Market Investments Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 6,838.30 12,460.80

REC Money Market Investments Calculation

Money Market Investments carried on banks' balance sheet.


REC (BOM:532955) Business Description

Traded in Other Exchanges
Address
Plot No. I-4, Sector 29, Gurugram, HR, IND, 122001
REC Ltd is a nonbanking financial company operating in India. The company's main objective is to finance and promote power sector projects on the subcontinent. REC provides loan assistance to numerous state power utilities, private sector project developers, central power sector utilities, and state governments. REC investments include power generation, power transmission, power distribution, and other system improvement initiatives. REC is also instrumental in implementing several initiatives spearheaded on behalf of the government of India, including rural electrification. The majority of its revenue derives from long-term financing.

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