pfc
Power ministry advises telcos to cap late payment surcharge at 12%
In general, the applicable rate of late payment surcharges is quite high despite the fact that interest rates softened over last few years
Power Finance Corporation raises USD 1 bn from global market
PFC finances power sector projects and its main source of revenue is interest income on loans.
PFC completes REC acquisition, pays Rs 14,500 cr to government
The transaction has helped the government meet its disinvestment target of Rs 80,000 crore for the current financial year.
Moody's retains stable outlook for Power Finance Corp, Rural Electrification Corp
The ratings agency Moody's has confirmed the Baa3 issuer ratings of PFC and REC.
REC takeover: PFC to draw Rs 10,000 crore from reserves
The arrangement will appear in the not so distant future, making a noteworthy commitment to the Center's disinvestment kitty for the year.
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