business

REC expects loan-book to go up 25% in FY12

Rural Electrification Corporation has seen a bottomline growth of about 25% in the quarter with income jumping 23% to Rs 2306 crore. HD Khunteta, director-finance, tells CNBC-TV18 that the company had sanctioned Rs 65000 crore in the previous year. He expects this figure to go up 25% in the current fiscal.

first published: May 24, 2011 04:49 pm