Latest News

COVID-19: PFC pledges Rs 200 cr to PM CARES Fund

Power Finance Corporation (PFC) has contributed Rs 200 crore under CSR to “PM CARES Fund” in fight against Coronavirus (COVID-19)

PSU Watch Bureau

New Delhi: Power Finance Corporation Limited (PFC), the leading NBFC in the power sector, has pledged to contribute Rs 200 crore to the "Prime Minister's citizen assistance and relief in emergency situations fund" (PM CARES Fund) to support the battle against Coronavirus (COVID-19). Furthermore, PFC's employees will voluntarily contribute a day's salary to 'PM-CARES Fund' to further strengthen the nation's fight against the dreaded disease.

Earlier, PFC had agreed to provide financial assistance of Rs 50 lakh to Indian Red Cross Society in Rajasthan. Under the corporate social responsibility (CSR) initiative, PFC's financial aid will be used for the distribution of Health Masks and Sanitisers, as a part of preventive measures against COVID-19.

PFC and its employees remain vigilant and alert in these testing times and stand in solidarity with the society at this crucial juncture. As a responsible corporate, PFC is relentlessly working towards implementation of all precautionary measures to deal with the pandemic.

WPI inflation rises to 9.92% in Aug on costlier food, fuel, manufactured items

RBI Governor Malhotra calls on Finance Minister Sitharaman

Bengal seeks revision of jute bag prices as mills face wage, puja bonus pressure

Govt data: Retail inflation rises to 4.82% in August

Civic bodies to raise Rs 10k crore from green municipal bond issues till FY30: Report