REC provides long terms loans and other financing products to State, Centre and Private Companies for creation of infrastructure assets in the country. REC funds its business with market borrowings of various maturities, including bonds and term loans apart from foreign borrowings. REC offers a gamut of financial services that cater to entities across the power sector value chain to help them set up power infrastructure, bolster operational efficiency, broaden their product portfolio and implement innovative technology solutions. We address the financial needs of state power utilities, private sector project developers, central power sector utilities and state governments to facilitate investments in power generation, power, transmission, power distribution and system improvement initiatives.

REC major competitors are Shriram Finance, Muthoot Finance, SBI Cards AndPayment, Chola Invest & Fin., Power Finance Corp, L&T Finance, Sundaram Finance.
Market Cap of REC is ₹1,01,234 Crs.
While the median market cap of its peers are ₹1,17,911 Crs.

REC seems to be less financially stable compared to its competitors.
Altman Z score of REC is 0.57 and is ranked 7 out of its 8 competitors.