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PFC gets nod to raise resources for FY20

27 Mar 2019 Evaluate

Power Finance Corporation’s (PFC) board has approved the proposal for raising of resources i.e. Market Borrowing program under different debt segments in one or more tranches / series for the Financial Year 2019-20. The Board of Directors of the company at in its meeting held on March 27, 2019 has 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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