Bharat Neeti

BHARAT NEETI

Be Ahead With Economy And Policy Updates

BHARAT NEETI

Be Ahead With Economy And Policy Updates

PFC becomes First CPSU to tap USD Bonds under RBI Swap Window

New Delhi: Power Finance Corporation Ltd. (PFC) has became the first Central Public Sector Undertaking (CPSU) and the first in NBFC space to successfully tap the international bond market following the announcement of Swap facility by the Reserve Bank of India (RBI) in its latest Monetary Policy Statement.   PFC, a Maharatna CPSU and India’s leading NBFC in the power sector, has successfully raised USD 300 million Senior Unsecured USD-denominated Bond issuance under the Reg S route with a tenor of 5 years, priced at 105 basis points over the

Read More

Web stories