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PFC net profit jumps 72% to Rs 4,290 cr in Sep qtr

PFC net profit jumps 72% to Rs 4,290 cr in Sep qtr

🕔17:36, 12.Nov 2020

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

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PFC Observes Vigilance Awareness Week 2020

PFC Observes Vigilance Awareness Week 2020

🕔14:26, 27.Oct 2020

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.

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PFC’s CMD dedicates solar roof top system to ASHA school, Delhi Cant run by Army Wives Welfare Association

PFC’s CMD dedicates solar roof top system to ASHA school, Delhi Cant run by Army Wives Welfare Association

🕔19:13, 10.Sep 2020

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,

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PFC to raise foreign currency borrowing going ahead : CMD

PFC to raise foreign currency borrowing going ahead : CMD

🕔16:48, 8.Sep 2020

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

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PFC beats expectations, reports 23 pc jump in profit

PFC beats expectations, reports 23 pc jump in profit

🕔19:10, 13.Aug 2020

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

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PFC reports Q1 CONSOLIDATED PAT UP 23% AT Rs. 3557 and revenue up 16% at Rs  16,915 cr

PFC reports Q1 CONSOLIDATED PAT UP 23% AT Rs. 3557 and revenue up 16% at Rs 16,915 cr

🕔17:37, 13.Aug 2020

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 ₹

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PFC signs agreement to construct Modular Operation Theatres at District Hospital in Siddharthnagar, Uttar Pradesh

PFC signs agreement to construct Modular Operation Theatres at District Hospital in Siddharthnagar, Uttar Pradesh

🕔17:19, 10.Aug 2020

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

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PFC signs agreement with Indian Institute of Technology- Kanpur

PFC signs agreement with Indian Institute of Technology- Kanpur

🕔15:13, 29.Jul 2020

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

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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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