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Q.

When will PFC reach at RS 350

About: Company: Power Finance Corporation Ltd.

Asked by mohd khalid, 07 Jun '09 11:46 am
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Answers (5)

1.

Next year
Answered by animesh, 07 Jun '09 12:24 pm

 
  
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2.

The Reserve Bank of India soon to relax the prudential norms for power sector finance companies such as Power Finance Corp (PFC) to enable them to lend more.It may also increase the exposure limit of banks for the power sector non banking finance companies (NBFC) to help them fund a large number of projects.

people says target of 300+ on Budget day ????

KEY +IVES >>A focus on secured lending (as the loans are secured by escrow accounts or assets), superior asset quality (Gross NPA is 0.02 per cent of the total advances) and the ability to source funds at low costs (given its sovereign credit rating) are key positives.

Power Finance Corporation (PFC) have agreed to lend close to Rs 4,000 crore to Reliance Power for its proposed 4,000 MW ultra mega power project (UMPP) at Krishnapatnam in Andhra Pradesh costing over Rs 17,000 crore.
Answered by ankitraj.stock, 10 Jun '09 02:31 pm

 
  
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3.

Pl buy more on dips to average down and wait for 6 months.
Answered by Mukesh Kumar, 07 Jun '09 01:47 pm

 
  
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4.

Difficult to predict
Answered by RSehgal, 07 Jun '09 12:56 pm

 
  
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5.

Will take one year
Answered by Shashi LS, 07 Jun '09 11:51 am

 
  
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