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Power Finance Corporation Ltd.
BSE: 532810 | NSE: PFC
Large Cap | Finance Term Lending
371.65
-3.80 (-1.01%) PFC sanctions loans of over Rs 1 lakh crore in FY20
Date: 26-06-2020Power Finance Corporation (PFC) has delivered a sound financial performance with loan sanctions of more than Rs 1 lakh crore along with loan disbursements of about Rs 68,000 crore in 2019-20. The highlight of the year was the disbursement of Rs 11,000 crore in the last week of March 2020, despite the nationwide lockdown in place to contain the spread of COVID-19 in the country.
PFC is central PSU under Ministry of Power and India's leading NBFC.