Power Finance Corporation Ltd.

BSE: 532810 | NSE: PFC
Large Cap | Finance Term Lending
357.35
-3.10 (-0.86%)
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PFC signs inter-creditor agreement for resolution of stressed assets

Date: 01-08-2018

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.