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Power Finance Corporation to lend Rs 2.37 lakh crore to 20 clean energy projects - Vimarsana News

Power Finance Corporation to lend Rs 2.37 lakh crore to 20 clean energy projects

These agreements -- part of the Maharatna company's plan to position itself as the focal funding agency for energy transition -- were signed with companies in the solar, wind, green hydrogen, battery storage, and electric vehicles space as well as manufacturers of green energy equipment.

Green Energy: PFC, REC extend Rs 3 lakh crore funding for green energy projects - Vimarsana News

Green Energy: PFC, REC extend Rs 3 lakh crore funding for green energy projects

India Business News: NEW DELHI: It’s raining money at the G20 14th clean energy ministerial in Goa, with public sector lending agencies REC (Rural Electrification Corporat.

rec: For moderate risk takers: 6 largecap stocks from different sectors with an upside potential of up to 47% - Vimarsana News

rec: For moderate risk takers: 6 largecap stocks from different sectors with an upside potential of up to 47%

Till recently, one by one each sectoral index was touching a new high, except one which is Nifty IT index. But given the fact that after Q1 results of TCS results all the IT stocks have moved upward very sharply. Even this index might be at a new high soon, if Infy results don't hit the sector. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.

bonds: PFC eyes up to Rs 5,000 crore via public issue of bonds - Vimarsana News

bonds: PFC eyes up to Rs 5,000 crore via public issue of bonds

PFC's issue includes three tranches - three-year bonds, 10-year bonds and 15-year bonds. The portion for institutional investors makes up 10%, while that for non-institutional investors accounts for 10%. The share of HNIs is earmarked at 40% while that for retail investors is at 40%.

PFC to use 75% of its ₹5,000 cr NCD proceeds for onward lending, debt servicing - Vimarsana News

PFC to use 75% of its ₹5,000 cr NCD proceeds for onward lending, debt servicing

In FY23, the company’s consolidated revenue from operations stood at ₹77,568.30 crore against ₹76,261.66 crore a year ago, on the back of increase in interest income on loans and other operating income. Consolidated net profit was at ₹21,178.59 crore as against ₹18,768.21 crore last year.