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PFC signs inter-creditor agreement for resolution of stressed assets

01 Aug 2018 Evaluate

Power Finance Corporation (PFC) has signed the inter-creditor agreement for resolution of stressed assets (ICA). On July 24, 2018, the Board of Directors of the company had approved the same. 

PFC provides large range of financial products and services like project term loan, lease financing, direct discounting of bills, short term loan, and consultancy services for various power projects in generation, transmission, distribution sector as well as for renovation and modernization of existing power projects.

Peers
Company Name CMP
Power Finance Corpn. 347.00
REC 313.20
NHIT 171.00
Satin Creditcare Net 217.45
IFCI 75.08
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