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REC Kurukshetra
3.6
based on 58 Reviews
Company Overview
Company Locations
Working at REC Kurukshetra
Company Summary
Overall Rating
3.6/5
based on 58 reviews
8% below
industry average
Critically rated for
Promotions, Skill development, Work satisfaction
Work Policy
Work from office
95% employees reported
Monday to Friday
94% employees reported
Strict timing
66% employees reported
No travel
44% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
2 employees reported
Professional degree assistance
1 employee reported
Job/Soft skill training
1 employee reported
View detailed benefits
About REC Kurukshetra
Founded in1969 (56 yrs old)
India Employee Count1k-5k
Global Employee Count--
India HeadquartersDelhi/NCR,Delhi, India
Office Locations
--
Website--
Primary Industry
Other Industries
--
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REC came into being in 1969 to articulate a response to the pressing exigencies of the nation. During the time of severe drought, the leaders sought to reduce the dependency of agriculture on monsoons by energizing agricultural pump-sets for optimized irrigation. Thereafter, we have ventured into newer paths and expanded our horizons to emerge today, as a leader in providing financial assistance to the power sector in all segments, be it Generation, Transmission or Distribution.
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REC Kurukshetra Ratings
based on 58 reviews
Overall Rating
3.6/5
How AmbitionBox ratings work?
5
24
4
13
3
6
2
5
1
10
Category Ratings
3.5
Job security
3.5
Salary
3.4
Work-life balance
3.3
Company culture
3.2
Work satisfaction
2.9
Skill development
2.9
Promotions
REC Kurukshetra is rated 3.6 out of 5 stars on AmbitionBox, based on 58 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at REC Kurukshetra
based on 58 reviews
4.4
Rated by 11 Women
Rated 3.9 for Work-life balance and 3.8 for Company culture
3.5
Rated by 47 Men
Rated 3.5 for Salary and 3.4 for Job security
Work Policy at REC Kurukshetra
based on 17 reviews in last 6 months
Work from office
95%
Hybrid
5%
REC Kurukshetra Reviews
Top mentions in REC Kurukshetra Reviews
+ 2 more
Compare REC Kurukshetra with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.6/5 based on 58 reviews | 4.1/5 based on 1.7k reviews | 3.9/5 based on 2.1k reviews | 4.0/5 based on 2.2k reviews |
Highly Rated for | No highly rated category | Job security Skill development Work-life balance | Work-life balance | Job security Skill development |
Critically Rated for | Skill development Promotions Work satisfaction | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Work from office 95% employees reported | Work from office 78% employees reported | Work from office 64% employees reported | Work from office 66% employees reported |
Rating by Women Employees | 4.4 Good rated by 11 women | 3.4 Average rated by 27 women | 4.1 Good rated by 156 women | 3.7 Good rated by 174 women |
Rating by Men Employees | 3.5 Good rated by 47 men | 4.2 Good rated by 1.6k men | 3.9 Good rated by 1.8k men | 4.1 Good rated by 1.9k men |
Job security | 3.5 Good | 4.2 Good | 3.7 Good | 4.0 Good |
View more
REC Kurukshetra Salaries
REC Kurukshetra salaries have received with an average score of 3.5 out of 5 by 58 employees.
Project Engineer
(93 salaries)
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₹3.1 L/yr - ₹8 L/yr
Project Associate
(12 salaries)
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₹6 L/yr - ₹7.5 L/yr
Executive Assistant
(10 salaries)
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₹2.4 L/yr - ₹4.5 L/yr
Project Finance Associate
(10 salaries)
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₹6 L/yr - ₹6.4 L/yr
Officer
(10 salaries)
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₹19 L/yr - ₹24 L/yr
Operation Assistant
(7 salaries)
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₹2 L/yr - ₹4 L/yr
Electrical Project Engineer
(7 salaries)
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₹3.4 L/yr - ₹4.8 L/yr
Financial Associate
(7 salaries)
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₹6 L/yr - ₹6.2 L/yr
Deputy Manager
(5 salaries)
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₹20 L/yr - ₹25 L/yr
Executive Accountant
(5 salaries)
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₹2.2 L/yr - ₹2.3 L/yr
REC Kurukshetra Interview Questions
Interview questions by designation
Top REC Kurukshetra interview questions and answers
REC Kurukshetra News
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REC Board Okays Rs 1.7 Lakh Crore Borrowing Plan For FY26
- REC Ltd. approves a borrowing plan totaling Rs 1.7 lakh crore for FY26.
- The plan includes raising Rs 1.55 lakh crore through various options like bonds and term loans.
- REC will also raise Rs 10,000 crore through short-term loans and Rs 5,000 crore through commercial papers.
- Parminder Chopra appointed as additional director of REC.
Bloomberg Quint | 26 Mar, 2025
REC, TVS Motor Interim Dividend: Last Day To Buy Shares To Qualify — Details Here
- REC's board announced a fourth interim dividend of Rs 3.6 per share, while TVS Motor will give an interim dividend of Rs 10 per share.
- The record date for REC's dividend payout is March 26, shareholders who own shares by March 25 will be eligible.
- REC will incur an expense of nearly Rs 950 crore for dividend payout, with the government receiving approximately Rs 500 crore.
- TVS Motor declared an interim dividend of Rs 10 per share, with a total dividend payout of around Rs 475 crore.
Bloomberg Quint | 25 Mar, 2025
Stock Recommendations Today: ICICI Bank, NTPC, DLF, Gas Companies On Brokerages' Radar
- Gas companies, including NTPC, ICICI Bank, DLF, and others, are in focus today due to proposed regulatory changes in natural gas transportation tariffs.
- JPMorgan analyzed the impact of US tariffs on Indian auto, metal, and pharma sectors, identifying potential risks and areas of concern.
- Macquarie maintains an 'outperform' rating on NTPC, citing India's power demand potential and positive market sentiments.
- JPMorgan delves into the implications of US tariffs on auto, metal, and pharma industries, highlighting various risk factors for key players.
- Morgan Stanley suggests that changes in gas transportation tariffs could benefit certain companies like Gail India, Oil India, and Reliance Industries.
- CLSA and Citi provide insights on stocks such as REC, DLF, ICICI Bank, and gas companies like GAIL and Gujarat State Petronet, analyzing their potential performance and targets.
- Citi remains bullish on ICICI Bank, expecting sustained loan growth and positive credit trends despite forthcoming challenges.
- Morgan Stanley's outlook on Manappuram Finance indicates a target price hike and investor focus on core gold loan business.
- Overall, brokerages' recommendations on various stocks and sectors provide insights for investors to consider in their trading decisions.
- Proposed changes in gas sector regulations and ongoing tariff revisions could impact the dynamics of the energy market in India.
Bloomberg Quint | 24 Mar, 2025
Corporate Actions This Week — ICICI Securities, TVS Motor, REC Record Dates
- Several companies, including ICICI Securities, TVS Motor, REC, and Mishra Dhatu Nigam, have announced corporate actions like interim dividends and mergers ahead of their record dates next week.
- ICICI Securities is set to be delisted and merged with ICICI Bank in a court-approved scheme of arrangement, with shareholders receiving shares based on a swap ratio of 67:100.
- Shareholders must note the record date for eligibility for dividends, with T+1 settlement cycle ensuring shares purchased on the record date do not qualify for dividend payment.
- TVS Motor declares an interim dividend of Rs 10 per share, REC announces a fourth interim dividend of Rs 3.60 per share for 2024–25, and Mishra Dhatu Nigam declares Rs 0.75 per share for the same period.
- Key dates include ICICI Securities' last trading day on March 24 and record date, TVS Motor's record date on March 26 for the dividend payout, REC's dividend payment by April 16, and Mishra Dhatu Nigam's record date on March 25.
- Stock prices of these companies reacted differently to the announcements, with ICICI Securities closing 1.7% higher, TVS Motor up 2.86%, REC down 0.02%, and Mishra Dhatu Nigam rising 1.13% on the respective trading days.
Bloomberg Quint | 22 Mar, 2025
REC Declares Fourth Interim Dividend Of Rs 3.6 Per Share, Fixes Record Date
- REC Ltd. declares a fourth interim dividend of Rs 3.6 per share for financial year 2024-25.
- The record date to determine the shareholders eligible for the dividend payout is fixed as March 26.
- The government, which owns over 52% stake in REC, will receive nearly Rs 500 crore through the dividend payout.
- REC is a 'Maharatna' company and provides loans to various entities in the power sector.
Bloomberg Quint | 19 Mar, 2025
REC Aims To Finance Nuclear Power Projects Worth Rs 50,000 Crore By 2030
- REC Ltd., formerly known as Rural Electrification Corporation, aims to finance nuclear power projects worth Rs 50,000 crore by 2030.
- In FY26, REC will sanction loans to the tune of Rs 15,000 crore for nuclear power projects.
- Over the next 22 years, about 1 lakh megawatts of power will come from nuclear power, requiring a total investment of about Rs 13-14 lakh crore.
- REC is targeting a loan book of Rs 50,000 crore by the end of 2030 and is also aiming to double its asset under management (AUM) to Rs 10 lakh crore by 2030.
Bloomberg Quint | 14 Mar, 2025
Nuclear, Thermal, Green Corridors On REC Radar In Bid To Double AUM To Rs 10 Lakh Crore By 2030
- REC Ltd. plans to finance nuclear power, green energy corridors, and conventional thermal power projects.
- India's power requirement is expected to grow four-fold by 2030 and ten-fold by 2047, led by renewable energy, nuclear, and conventional power.
- REC expects its renewable energy portfolio alone to touch around Rs 3 lakh crore by 2030.
- REC's total loan book is projected to double to Rs 10 lakh crore by 2030.
Bloomberg Quint | 12 Mar, 2025
Highly Tracked Stocks At Up To 38% Discount To Target Prices: Here's Why
- Only a fraction of the 5,608 companies listed on Indian stock exchanges are actively tracked by more than 10 analysts.
- 101 out of these highly tracked stocks are currently trading below their lowest target prices.
- The top five stocks with the highest discounts to their lowest target prices are Sunteck Realty, Sonata Software, Dhanuka Agritech, REC, and Mold-Tek Packaging.
- Analysts are optimistic about Sunteck Realty due to steady progress, but have concerns about its high exposure to a single market and regulatory risks.
Bloomberg Quint | 12 Mar, 2025
REC, Power Finance Have CLSA Bullish — Here's Why
- CLSA has upgraded its outlook on power financer stocks, including REC Ltd. and Power Finance Corp., highlighting their strong project pipelines and robust loan growth prospects.
- Both companies have been given a 'high conviction outperform' rating, reflecting CLSA’s confidence in their future performance.
- REC stock has a target price of Rs 525 from CLSA. The company’s loan growth over the past five to seven quarters has been strong.
- Power Finance Corp. and REC have received an upgrade from CLSA, based on their positive growth potential.
Bloomberg Quint | 3 Mar, 2025
10.4 crore electricity consumers getting inferior meter and billing services
- Around 10.4 crore electricity consumers in India are receiving inferior meter and billing services, according to a report by State-run power sector lender REC.
- The Metering, Billing & Collection (MBC) parameter, which carries significant weightage in the evaluation, has consistently been the poorest performing parameter.
- Only approximately 2.9% of the total consumers have experienced A+ and A grade services, while 31% of consumers are receiving relatively inferior services.
- Efforts are required to promote smart meters, encourage prepaid consumers, and increase digital transactions to improve the service quality and overall grades of Discoms.
HinduBusinessLine | 25 Feb, 2025
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REC Kurukshetra FAQs
When was REC Kurukshetra founded?
REC Kurukshetra was founded in 1969. The company has been operating for 56 years primarily in the FMCG sector.
Where is the REC Kurukshetra headquarters located?
REC Kurukshetra is headquartered in Delhi/NCR,Delhi.
How many employees does REC Kurukshetra have in India?
REC Kurukshetra currently has approximately 1,700+ employees in India.
Does REC Kurukshetra have good work-life balance?
REC Kurukshetra has a work-life balance rating of 3.4 out of 5 based on 50+ employee reviews on AmbitionBox. 36% employees rated REC Kurukshetra 3 or below, while 64% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read REC Kurukshetra work-life balance reviews for more details
Is REC Kurukshetra good for career growth?
Career growth at REC Kurukshetra is rated as poor, with a promotions and appraisal rating of 2.9. 36% employees rated REC Kurukshetra 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading REC Kurukshetra reviews for more detailed insights.
What are the cons of working in REC Kurukshetra?
Working at REC Kurukshetra does have some drawbacks that potential employees should consider. The company is poorly rated for skill development, promotions / appraisal and work satisfaction, based on 50+ employee reviews on AmbitionBox.
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