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REC (BOM:532955) Other Assets for Banks : ₹522,610 Mil (As of Mar. 2025)


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What is REC Other Assets for Banks?

REC's quarterly other assets (bank) declined from Sep. 2024 (₹526,153 Mil) to Dec. 2024 (₹519,093 Mil) but then increased from Dec. 2024 (₹519,093 Mil) to Mar. 2025 (₹522,610 Mil).

REC's annual other assets (bank) increased from Mar. 2023 (₹402,915 Mil) to Mar. 2024 (₹452,780 Mil) and increased from Mar. 2024 (₹452,780 Mil) to Mar. 2025 (₹522,610 Mil).

REC Other Assets for Banks Historical Data

The historical data trend for REC's Other Assets for Banks can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

REC Other Assets for Banks Chart

REC Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Other Assets for Banks
Get a 7-Day Free Trial Premium Member Only Premium Member Only 314,805.70 355,409.30 402,915.30 452,779.70 522,610.30

REC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Other Assets for Banks Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 452,779.70 464,309.60 526,153.00 519,093.20 522,610.30

REC Other Assets for Banks Calculation

Banks frequently group a variety of accounts as other assets on their balance sheets. Banks must report several of these accounts, such as investment in unconsolidated subsidiaries, customer liability on outstanding acceptances, and intangible assets as separate line items on Call Reports.

REC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » REC Ltd (BOM:532955) » Definitions » Other Assets for Banks
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Traded in Other Exchanges
RECLTD:India
Address
Plot No. I-4, Sector 29, Gurugram, HR, IND, 122001
Website
https://www.recindia.nic.in
REC Ltd is a nonbanking financial company operating in India. The company's main objective is to finance and promote power sector projects on the subcontinent. REC provides loan assistance to numerous state power utilities, private sector project developers, central power sector utilities, and state governments. REC investments include power generation, power transmission, power distribution, and other system improvement initiatives. REC is also instrumental in implementing several initiatives spearheaded on behalf of the government of India, including rural electrification. It comprises of only one business segment-lending to power, logistic and infrastructure sector. The majority of its revenue derives from long-term financing.

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