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PFC to seek shareholders' nod to hike borrowing limit

08 Sep 2020 Evaluate

Power Finance Corporation (PFC) is going to seek shareholders' nod to hike borrowing limit to Rs 6 lakh crore in the annual general meeting later this month. Currently, the borrowing limit is Rs 4 lakh crore.

PFC is central PSU under Ministry of Power and India's leading NBFC.

Peers
Company Name CMP
Power Finance Corpn. 352.80
REC 315.00
Indian Railway Fin. 81.35
NHIT 171.00
Satin Creditcare Net 216.85
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