Vivek Kumar Dewangan, CMD of REC, navigates through the intricate financial landscape, emphasizing strategic planning, regulatory compliance, and sustainable growth to propel REC towards a robust future in the evolving energy financing sector. Dewangan says: “In case, our capital gets reduced though the impact is not going to be much actually because we have a large cushion. We have the option of raising perpetual bonds. We can increase our tier I capital and tier II capital also can be increased by raising subordinate debt.”
Global Health Q2 Results: Medanta operator posts 5% rise in net profit YoY at Rs 131 crore
Global Health, which operates hospitals under the Medanta brand, on Thursday said its profit after tax increased 5 per cent to Rs 131 crore in