
The Comptroller and Auditor General (CAG) earlier this month pulled up REC and PFC for failing to comply with RBI norms on loans to power companies, says due diligence was not conducted during credit appraisal. In an interview to CNBC-TV18, PV Ramesh, CMD of REC spoke about this and more importantly the future growth issues.
first published: Aug 21, 2017 12:20 pm
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