Power Finance Corporation Is Offering up to 7.15% Interest on NCDs. Should You Invest?
Moneylife Digital Team 16 January 2021
Power Finance Corporation (PFC), a public sector financial services firm backing the Indian power sector, is planning to raise as much as Rs10,000 crore through the issuance of non-convertible debentures (NCDs). The first tranche of the NCD, with a plan to raise Rs5,000 crore, opened on 15 January 2021 and will close on 29 January 2021.
The NCDs will pay a minimum 4.80%pa (per annum) and...
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