REC India

Rural Electrification Corporation Limited
A Government Of India Enterprise
24July2017
 
 
 
 

Interest Rates Related

Interest Rates related
Loan Policy Circulars
a Revision in lending rates of REC vide LPC no. 002/2017 dated 27.06.2017 - NEW
a Revision in lending rates of REC vide LPC no. 001/2017 dated 09.05.2017 - NEW
a Downward revision in lending rates of REC vide LPC no. 004/2016 dated 17.11.2016
a Downward revision in lending rates of REC vide LPC no. 001/2016 dated 06.06.2016
a Revision in the lending rates of REC vide LPC no. 003/2015 dated 02.11.2015 
a Downward revision in lending rates of REC vide LPC no. 002/2015 dated 30.06.2015 
a Downward revision in the lending rates in respect of Non-Conventional Generation – Renewable Energy Projects (within the purview of MNRE) vide LPC no. 003/2014 dated 27.10.2014 
a Downward revision in the lending rates for State Sector Borrowers in respect of (a) Generation schemes, (b) Non-Conventional Generation - Renewable Energy projects (within the purview of MNRE) and (c) Short Term Loans (STL) by 25 bps vide LPC no. 010/2013 dated 18th Nov., 2013 
a Downward revision in the lending rates of Term Loans and T&D category of loans by 25 bps vide LPC no. 009/2013 dated 11th Oct., 2013
a Revision in interest rate in case of roll over of Short Term Loan - Modification / Revision in para-2 of Clause 4 of Appraisal Policy of Short Term Loans vide LPC No. 008/2013 dated 27th September, 2013
a Upward revision in the lending rates of Term Loans, Short Term Loans(STL) and Medium Term Loans (MTL) vide LPC no. 007/2013 dated 19th August, 2013
a 1. Introduction of new category of loan viz. "Medium Term Loan (MTL) for more than 1 year and upto 3 years"; and 2. Downward revision in the lending rates of Short Term Loans (STL)
a Interest rates to State Sector Distribution & Transmission Companies where State Governments are implementing the Financial Restructuring Plan (FRP) of Government of India
a Downward revision in the lending rates of Term Loans and Short Term Loans(STL) vide LPC no. 004/2013 dated 20th May, 2013
a Downward revision in the lending rates of Term Loans and Short Term Loans(STL) vide LPC no. 003/2013 dated 15th Feb, 2013
a Downward revision in the lending rates of Short Term Loans (STL) vide LPC no. 002/2013 dated 30th Jan, 2013
a Introduction of (a) Internest Rates based on Integrated Rating for Private Sector Borrowers; and (b) Interest Rates for Transitional Financing to State DISCOMs vide LPC no. 004/2012 dated 21st Aug, 2012
a Revision in the lending rates of Short Term Loans vide LPC no. 001/2012 dated 31st Jan, 2012
a Revision in the lending rates of Short Term Loans vide LPC no. 009/2011 dated 24th Oct , 2011
a Revision in the lending rates of Term Loans (Generation Schemes) & Short Term Loans (STL) vide LPC No. 008/2011 dated 02nd Sept, 2011
a Revision in the lending rates of Term Loans & Short Term Loans vide LPC No. 007/2011 dated 08th Aug, 2011
a Revision in the lending rates of Short Term Loans vide LPC no. 006/2011 dated 06th June, 2011
a Revision in the lending rates of Term Loans vide LPC no. 005/2011 dated 20th May, 2011
a Revision in the lending rates of Term Loans & Short Term Loans vide LPC No. 004/2011 dated 21st April, 2011
a Revision in the lending rates of Term Loans & Short Term Loans vide LPC No. 003/2011 dated 17th Feb, 2011
a Revision in the lending rates of Term Loans & Short Term Loans vide LPC No. 001/2011 dated 06th Jan, 2011
a Introduction new category of Short Term Loans (STL) for 3 months at the Interest Rates of 50 bps lower than the rates applicable for STL of 6 months, and Charging of interest rate of INBMK+350 bps with annual reset, without any put / call option, in case of loan proposals of the State / Central Sector relating to Generation Projects of Rs.4000 crore or more vide LPC No. 005/2010 dated 28th Sep, 2010
a Introduction of new product under Term Loan Portfolio with Annual Reset Clause linked to Indian Bench Mark (INBMK) (one-year G-Sec yield), and Revision in the lending rates of Short Term Loans vide LPC No. 003/2010 dated 20th Aug, 2010
a Revision in the lending rates of Term Loans vide LPC No. 002/2010 dated 19th July, 2010
a Revision in the lending rates of Term Loans vide LPC No. 011/ 2009 dated 09th Dec., 2009
a Revision in the lending rates of Short Term Loans for upto 1 year vide LPC No. 010/ 2009 dated 15th Sept., 2009
a Revision in the lending rates of Term Loans & Short Term Loans vide LPC No. 008/ 2009 dated 13th Aug, 2009
a Corrigendum to the Loan Policy Cirular No. 004/2009 dt 26th May, 2009 and minor modifications in the Loan Policy circular No. Sec 1/8(1)/2006/78 dated 14th June 2008
a Constitution of committee to review prevailing interest rates & terms & conditions for advising sub committee of Board of Directors for review of lending rates of Term Loan & Short Term Loan
a Revision in the lending rates of Term Loans & Short Term Loans vide LPC No. 004/ 2009 dated 26th May, 2009
a Revision in the lending rates of Term Loans vide LPC No. 003/2009 dated 16th Apr., 2009
a Corrigendum to the Annexure to Loan Policy Cirular No. 001/2009 dt 22nd Jan, 2009 regarding "Revision in the lending rates of Term Loans vide LPC no. 02/2009 dated 05th Feb., 2009
a Revision in the lending rates of Short Term Loans vide LPC No. 001/2009 dated 22nd Jan., 2009
a Revision in the lending rates of Short Term Loans vide LPC No. 016/2008 dated 21st Oct., 2008
a Revision in the lending rates of Term Loans & Short Term Loans vide LPC No. 014/2008 dated 1st Oct., 2008
a Revision in the lending rates of Term Loans vide LPC No. 013/2008 dated 24th Sept., 2008
a Revision in the lending rates of Term Loans & Short Term Loans (STL) vide LPC No. 012/2008 dated 05th Sept., 2008
a Revision in the lending rates of Term Loans & Short Term Loans (STL) vide LPC No. 011/2008 dated 14th August, 2008
a Revision in the lending rates of Short Term Loans (STL) vide LPC No. 008/2008 dated 23th July, 2008
a Revision in the lending rates of Term Loans vide LPC No. 007/2008 dated 9th July, 2008
a Revision in the lending rates of Short Term Loans (STL) vide LPC No. 006/2008 dated 3th July, 2008
a Clarification on procedure / methodology to apply interest rates on Term Loans for T&D schemes of North Eastern States, on compliance with the Reform conditionalities as stipulated by MoP vide LPC No. 004/2008 dated 9th June, 2008
a Applying prevailing interest rates on the reset dates for respective term loans as applicable vide LPC No. 003/2008 dated 29th May, 2008
a Revision in the lending rates of Term Loan LPC No. 001/2008 dated 10th April, 2008
a Revision in the lending rates of RGGVY Schemes vide LPC No. 007/2007 dated 01st November, 2007
a Revision in the lending rates of Term Loan LPC No. 004/2007 dated 26th April, 2007
a Revision in the lending rates of Term Loan LPC No. 003/2007 dated 30th March, 2007
a Revision in the lending rates of Term Loan LPC No. 002/2007 dated 22nd March, 2007
a Revision in the lending rates of Term Loan LPC No. 001/2007 dated 10th Jan., 2007
a Dated 27th Nov., 2006
a Dated 09th Oct., 2006
a Dated 11th Sept., 2006
a Dated 14th June, 2006
a Dated 06th July, 2005
a. Interest Rate Circular
b. Annexure to Interest Circular
a Terms & Conditions of Loan Portfolio of REC Financed Schemes Dated 21st Sept., 2004
Revision of Interest Rates applicable to REC Loans/Schemes
a Terms & Conditions of Loan Portfolio of REC Financed Schemes Dated 01st Sept., 2004
Generation Schemes & Schemes except Generation Category