PFC reduces its interest rates

Update: 2013-02-05 01:03 GMT
Power Finance Corporation Ltd (PFC) has reduced its interest rates 25 basis points (bps) for all types of rupee loans/ schemes/ products for all categories/ grades of government/ private sector borrowers, except renewable energy projects which are within the the purview of the Ministry of Non-Conventoinal and Renewable Energy (MNRE).

For renewable energy projects which are within the purview of the MNRE, Power Finance Corporation has reduced its interest rates by 50 basis points for all categories/ grades of government/ private sector borrowers.

The revised rates will be applicable on all disbursements and resets made on or after 1 February, 2013.

Similar News