Pfc Plans To Borrow Rs 7,000 Crore From Domestic Banks To Fund Rec Deal
Source : www.economictimes.indiatimes.com Date : 2018-12-14 OPINION Relevant for: Indian Economy Topic: Issues relating to Growth & Development – Industry & Services Sector NEW DELHI: State-run Power Finance Corp ( PFC) plans to fund its acquisition of REC by borrowing Rs 7,000 crore from domestic banks, for which negotiations have begun, and is likely to moderate its…