Moneycontrol

Moneycontrol PRO

you are here: HomeNewsBusinessCompaniesFalling Re has REC hedging $250m of total borrowing

SHOW NAMES

Trending Topics

business

Falling Re has REC hedging $250m of total borrowing

As the rupee hits a fresh trough, breaching the 54 mark, NBFC's like Rural Electrification Corporation (REC) are slowly feeling the pinch. REC'+s Director-Finance, HD Khunteta tells CNBC-TV18 that hedging costs have shot up over the last few months.

first published: Dec 15, 2011 03:43 pm

LATEST VIDEOS

A collection of the most-viewed Moneycontrol videos.

Watch and Follow our leading shows

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347