December, 2016
REDCL Fund Disbursement

REDCL has disbursed the fund amount of Nu. 112,573,419.00 as of December.

December, 2016
REDCL & FMCL MoU

REDCL and FMCL signed MoU to enhance rural livelihoods, productivity and generate employment opportunities.

October, 2016
Recruitement of Employees

REDCL recruited essential employees to carry forward the RF-II services.

September, 2016
Appointment of CEO

REDCL appointed CEO to carry out day-to-day operations.

June, 2016
REDCL & CIB MoU

REDCL and CIB signed MoU to exchange credit information and credit reports between the parties.

June, 2016
REDCL & BDBL MoU

REDCL and BDBL signed MoU for Post Fund-Sanction Services.

May 21, 2016
REDCL Launches

REDCL was officially launched by the Hon’ble Prime Minister, His Excellency Tshering Tobgay and the Indian Ambassador to Bhutan, Shri. Jaideep Sarkar.

April, 2016
Formal Closure of BOiC

After the formal closure of BOiC, the Government has established REDCL as a State-Owned Enterprise (SOE) to continue providing services on RF-II.