New Delhi, Nov 12: State-run Power Finance Corporation (PFC) on Thursday reported a 72 per cent jump in its consolidated net profit at Rs 4,290 crore in the July-September quarter on account of higher revenues. Its net profit was Rs
New Delhi; 27.10.2020 : The Power Finance Corporation Ltd (PFC) shall be observing the “Vigilance Awareness Week-2020” from 27th October to 2nd November 2020. Shri Ravinder Singh Dhillon, CMD, PFC along with Shri P K Singh, Director (Commercial) & Addl.
Power Finance Corporation (PFC), India’s leading NBFC, under its CSR initiative has installed a standalone solar roof top system at ASHA school, run by Indian Army Wives Welfare Association in Delhi Cantonment. Shri Ravinder Singh Dhillon Chairman and Managing Director,
New Delhi, Sep 8 Power Finance Corporation (PFC) is likely to increase foreign currency borrowing going ahead, said Ravinder Singh Dhillon, the CMD of the company. In his speech at the 34th Annual General Meeting of PFC, Dhillon said that
New Delhi, Aug 13 Amid rising stress in the power sector with faltering demand and increasing indebtedness, State-owned power sector NBFC, Power Finance Corporation (PFC) has reported a handsome recovery in its fortunes clocking growth both in its topline and bottomline
New Delhi, August 13 Govt owned PFC reported is Q1 CONSOLIDATED PAT UP 23% AT ₹3,557 CRORE AS AGAINST ₹2,900 CRORE. The revenue also increase by 16% increase in Consolidated Revenue from Operations from Q1’20 – Consolidated Revenues at ₹
New Delhi, 10th Aug, 2020: Government-owned Power Finance Corporation Ltd (PFC), India’s leading NBFC, today signed a MoA with District Administration of Siddharthnagarin Uttar Pradesh for construction of two Modular Operation Theatre Rooms in the District Hospital, Siddharthnagar. Under the
New Delhi, 29th July 2020: Government-owned Power Finance Corporation (PFC), India’s leading NBFC, signed a MoA with Indian Institute of Technology- Kanpur (IIT-K) for Training, Research, and Entrepreneurship Development in Smart Grid Technology. Under the MoA, PFC will provide financial
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
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,
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
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
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
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
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
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
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
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
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
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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