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Tag "Power Finance Corporation"

Parminder Chopra takes charge as Director (Finance), PFC

Parminder Chopra takes charge as Director (Finance), PFC

🕔12:17, 1.Jul 2020

New Delhi, 1st July 2020: Government-owned Power Finance Corporation (PFC), India’s leading NBFC, today announced the appointment of SmtParminder Chopra as Director (Finance) of the company. She succeeds Shri N.B. Gupta, who superannuated on June 30 2020. Smt. Chopra was

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PFC, REC may restrict funding to power projects based on Chinese equipment

PFC, REC may restrict funding to power projects based on Chinese equipment

🕔18:42, 29.Jun 2020

New Delhi, June 29  The government’s economic response against China may see public sector financiers restricting funding of projects that ise equipment from the neighbouring country, sources said on Monday. The practice would first be adopted in the power sector,

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PFC ends on strong note with loan sanctions of over Rs 1 Lakh Cr

PFC ends on strong note with loan sanctions of over Rs 1 Lakh Cr

🕔13:13, 27.Jun 2020

New Delhi, June 27  State-owned financier Power Finance Corporation (PFC) has ended financial year 2019-20 (April-March) on a strong note despite numerous challenges including outbreak of COVID 19. The lending institution delivered a sound financial performance with loan sanctions of

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PFC  net profits at Rs. 6953 cr, ends FY 2019-20 on strong note with loan sanctions of more than Rs 1 Lakh Cr

PFC net profits at Rs. 6953 cr, ends FY 2019-20 on strong note with loan sanctions of more than Rs 1 Lakh Cr

🕔15:14, 25.Jun 2020

Loan sanctions of more than Rs 1 lakh crore 16% growth in its standalone revenue 10% growth in its Loan Assets 16bps increase in Interest Spread Net NPAs of the company reduced to 3.8% from 4.55% New Delhi, 25th June

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PFC signs agreement with Shri Kedarnath Utthan Charitable Trust, Government of Uttarakhand for reconstruction & restoration of Kedarnath town and its surrounding areas

PFC signs agreement with Shri Kedarnath Utthan Charitable Trust, Government of Uttarakhand for reconstruction & restoration of Kedarnath town and its surrounding areas

🕔20:48, 9.Jun 2020

New Delhi, June 09 Government-owned Power Finance Corporation (PFC), India’s leading NBFC, signed an MoA with Shri Kedarnath Utthan Charitable Trust, Govt. Of Uttarakhand (SKUCT) for the reconstruction and restoration of Kedarnath town and its surrounding areas. Under the MoA, PFC

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Ravinder Singh Dhillon takes over as CMD of PFC

Ravinder Singh Dhillon takes over as CMD of PFC

🕔15:38, 1.Jun 2020

New Delhi, 1st June Government-owned Power Finance Corporation (PFC), India’s leading NBFC, today announced the appointment of Shri Ravinder Singh Dhillon as its Chairman and Managing Director. R.S. Dhillon assumed the charge of the post of Chairman & Managing Director, PFC

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PFC to provide PPE Kits and Ambulances to Government of Uttarakhand in its fight against COVID-19

PFC to provide PPE Kits and Ambulances to Government of Uttarakhand in its fight against COVID-19

🕔16:37, 30.May 2020

New Delhi, 30th May 2020: In yet another step to fight the COVID-19 pandemic, state-owned Power Finance Corporation Ltd (PFC) has come forward to provide financial assistance of ₹ 1.23 crore to the Government of Uttarakhand. The fund will be

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Govt-owned PFC accumulates NPAs of Rs 47,454 cr: IEEFA

Govt-owned PFC accumulates NPAs of Rs 47,454 cr: IEEFA

🕔12:07, 7.May 2020

New Delhi, May 7  Government-owned Power Finance Corporation (PFC) has accumulated non-performing assets (NPAs) totalling Rs 47,454 crore ($6.8bn) as of December 2019, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) said on Thursday. The

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PFC CMD sends a inspiring message to employees

PFC CMD sends a inspiring message to employees

🕔11:28, 1.Apr 2020

Highly motivating and inspirational message from CMD, PFC to its employees on performance of the Corporation during lockdown & just-concluded Financial Year Dear PFC family members I hope this message finds you and your loved ones in good health. Let

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Power Finance Corporation contributes Rs 200 crore under CSR to “PM CARES Fund” in fight against COVID-19

Power Finance Corporation contributes Rs 200 crore under CSR to “PM CARES Fund” in fight against COVID-19

🕔12:44, 31.Mar 2020

New Delhi, Mar 31 Power Finance Corporation Ltd (PFC), the leading NBFC in the power sector, has pledged to contribute Rs 200 crore to the “Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund” (PM-CARES Fund) to support the

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PFC extends support to fight COVID-19 in Rajasthan

PFC extends support to fight COVID-19 in Rajasthan

🕔18:07, 24.Mar 2020

Power Finance Corporation Ltd (PFC), the leading NBFC in power sector has agreed in principle to provide a financial assistance of Rs. 50,00,000 (Rupees Fifty Lakh only) to Indian Red Cross Society. Under the CSR Initiative, the financial aid provided

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S.S Rao ,CGM (PR) PFC honoured with Hall of Fame  Award

S.S Rao ,CGM (PR) PFC honoured with Hall of Fame Award

🕔15:17, 7.Mar 2020

Bengaluru, March 07 S.S Rao ,CGM (PR).Power Finance Corporation has been honoured with Hall of Fame Award in recognisation to his immense contribution to enrich the profession . Award was presented during the Global Communication Conclave organised by Public Relations

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PFC inks MoA for 100-bed hospital in Mizoram

PFC inks MoA for 100-bed hospital in Mizoram

🕔13:06, 6.Mar 2020

Aizawl (Mizoram), Mar 06 : Government-owned Power Finance Corporation (PFC), India’s leading NBFC, today inked an MoA with Health Dept Govt. Mizoram for the construction of a 100-beded Hospital at Mamit district at a cost of Rs.18 crore under its

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R Murahari is new ED {PR} at PFC

R Murahari is new ED {PR} at PFC

🕔18:10, 3.Mar 2020

New Delhi, March 03 R Murahari has been promoted to the post of Executive Director (HR,CSR, PR & Rajbhasha), PFC. A post-graduate in Energy Studies from IIT, Delhi, Murahari joined PFC in 1993 and has made significant contribution in the

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PFC lists global notes of $750 mln on India INX

PFC lists global notes of $750 mln on India INX

🕔15:53, 27.Jan 2020

New Delhi, Jan 27 State-owned Power Finance Corporation Limited (PFC) on Monday listed its global notes on India INX’s Global Securities Market (GSM), GIFT IFSCs leading primary market platform for raising funds from global investors. The listings are of $750

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PFC  is the 1st Indian PSU to issue Senior Unsecured USD Bonds for a tenor of more than 10 years

PFC is the 1st Indian PSU to issue Senior Unsecured USD Bonds for a tenor of more than 10 years

🕔18:41, 17.Jan 2020

New Delhi, January 17 Power Finance Corporation Ltd (PFC), the leading NBFC in power sector, successfully carried out the issuance of 10.25 year USD 750 million bonds on 15th January 2020 under Reg S & 144 A route. The bonds

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PFC bags Dun & Bradstreet Award for Best Infrastructure Finance Company

PFC bags Dun & Bradstreet Award for Best Infrastructure Finance Company

🕔17:09, 20.Nov 2019 Read Full Article
PFC RECEIVES ‘SWACHH BHARAT AWARD 2019’

PFC RECEIVES ‘SWACHH BHARAT AWARD 2019’

🕔05:26, 10.Sep 2019

Power Finance Corporation Limited has been awarded with the ‘Swachh Bharat Award 2019’ for its significant CSR contribution under the initiative of Swachh Bharat Kosh. Shri Gajendra Singh Shekhawat, Minister of Jal Shakti, Ministry of Jal Shakti Department of Water

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PFC borrows USD 300 Million through Syndicated Loan

PFC borrows USD 300 Million through Syndicated Loan

🕔13:09, 1.Jul 2019

New Delhi, July 01 Power Finance Corporation Limited (PFC) has successfully raised equivalent USD 300 Million through 3 Year Syndicated Loan from State Bank of India, Hong Kong and MUFG Bank Limited, Singapore. This is PFC’s second foreign currency borrowing

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PFC explores options to maintain PSU character post merger with REC

PFC explores options to maintain PSU character post merger with REC

🕔21:26, 20.Jun 2019

New Delhi, June 20  Power Finance Corporation Ltd. may reduce its share capital post merger with REC Ltd. in order to maintain its public sector character of the merged entity with 51 per cent shareholding of the government. Post PFC-REC

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