Power Finance Corporation Limited is an Indian public sector undertaking and a non-banking financial company (NBFC) that provides financial assistance to projects across the power sector, including generation, transmission, distribution, and renewable energy. It also offers financial consulting, investment banking, and loan management services, and has expanded into infrastructure and logistics financing. The company was founded in July 1986 and is headquartered in New Delhi, India.
Since India’s demonetization, the government has lowered GDP forecasts, the Reserve Bank of India has signaled a less accommodative stance, and the...
In a surprise move, the Central bank (RBI) today maintained the policy rate at the current level of 6.25% but changed the monetary policy stance to...