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PFC-REC merger approved to create ₹11 lakh crore power financing giant
PFC and REC approve merger scheme to create a ₹11 lakh crore power financing entity, subject to regulatory and shareholder approvals.
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economictimes.indiatimes.com
PFC, REC boards approve merger scheme, share exchange ratio at 88 PFC shares for every 100 REC shares
Power Finance Corporation and REC Ltd boards have greenlit their merger, creating India's largest power financier with over Rs 11 lakh crore in loans. The approved share swap…
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thehindubusinessline.com
PFC-REC merger approved to create ₹11 lakh crore power financing giant
PFC and REC approve merger scheme to create a ₹11 lakh crore power financing entity, subject to regulatory and shareholder approvals.
