interest-rates
PFC and REC Reduce Lending Rates to Boost Expansion of Renewable Energy Projects
Power Finance Corporation (PFC) and REC Limited, public finance infrastructure companies, have reduced their lending rates by 40 basis points for all types of loans. The...
Government-owned Power Financing Institutions Reduce Lending Rates
State-owned non-banking financial firms, Power Finance Corporation (PFC), and REC will reduce lending rates by up to 2% points from April 1, 2021. According to the PTI,...
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