REC gets nod to sell deep-discount debt for a second time, document shows
REC has received approval from the Central government to raise funds through deep-discount bonds for a second time in less than a year, a government document dated May 30 showed. REC has until the end of March 2027 to raise up to ₹5,000 crore ($581.7 million) through the sale of zero-coupon, deep-discount bonds, with a…