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PTC India Financial services sanctions fresh loans of Rs 2,329 crore in Q4FY21

10 Jun 2021 Evaluate

PTC India Financial services (PFS) has sanctioned fresh loans of Rs 2,329 crore and disbursements of Rs 1,331 crore during the quarter ended March. Provision coverage ratio increased to 62 per cent in Q4 FY21 compared to 49 per cent in Q3 FY21.

PTC India Financial Services is an Indian non-banking financial institution. The company makes principal investments in, and provides financing solutions for, companies with projects across the energy value chain.

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