REC Ltd: first-half growth and cleaner assets back 10%-12% FY27 loan-book target
REC Ltd's loan book rose 6% year on year to ₹6.17 lakh crore in the first half of FY27, while credit-impaired assets fell to 0.11%.
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what happened
According to TradingView, REC Ltd's loan book reached ₹6.17 lakh crore in the first half of FY27, up 6% from a year earlier. At the same time, net credit-impaired assets fell to 0.11%, pointing to better asset quality.
Management set a target of 10%-12% loan-book growth for FY27. It expects the net interest margin to stay near 3.22%, despite competitive pressure in the market.
The original item is an AI-generated summary that may contain inaccuracies, so key figures should be checked against the primary source.
why it matters
For investors, the combination matters: fast lending growth alongside a stable margin and a lower share of impaired loans. This suggests the company can expand its book without a visible deterioration in portfolio quality, which is relevant when assessing India's power-sector lenders.
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sources
- RECLTD: H1 growth and cleaner assets support a 10%-12% FY27 loan-book growth target — TradingView, 29 October 2026 at 16:16 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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