Power Finance Corporation and REC Ltd are planning to merge by April 1, 2027. This merger will create a single platform for financing India's power sector. Both companies have received in-principle approval for the restructuring. Legal and financial advisors … For the full story, visit the source.
BusinessUttar Pradesh
PFC net up 3%, expects merger with REC by April 2027; flags concern over RBI norms
Power Finance Corporation and REC Ltd are planning to merge by April 1, 2027. This merger will create a single platform for financing India's power sector. Both companies have received in-principle approval for the restructuring. Legal and financial advisors …
By Kalpana Pathak· The Times of India· 5 months ago· 2 min read
This summary is sourced from The Times of India. Read the full article at:The Times of India