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REC Achieves ISO 31000 Certification, a First for India’s Public Sector NBFCs

REC Achieves ISO 31000 Certification, a First for India’s Public Sector NBFCs

With this, REC becomes the first public sector NBFC in India to be certified under ISO 31000, marking a new milestone in institutional risk governance. Government-owned non-banking financial company REC Ltd has received ISO 31000:2018 certification for its enterprise-wide risk management framework. The achievement makes REC—a Maharatna PSU—the first Indian public sector NBFC to attain...