PSU NEWS
PFC gets NoC to set up finance Company in IFSC GIFT City Gujarat
The letter in this regard states that RBI has no objection to set up a Finance Company.
New Delhi: The Power Finance Corporation of India (PFC) today informed that the company gets the receipt of No Objection letter dated 09th January 2024 from Reserve Bank of India (RBI) for setting up of a Finance Company (as a wholly owned subsidiary) in International Financial Services Centre (IFSC) situated in GIFT City, Gujarat.
Read Also : Mines Ministry Inks MoU with Shakti Sustainable Energy FoundationPFC's entry into the IFSC is expected to open up new business opportunities and establish PFC's global presence.
The letter in this regard states that RBI has no objection to set up a Finance Company.
Read Also : THDC and UJVNL Joint Venture, TUECO inks MoU with Nagar Nigam HaridwarNews Must Read
- THDC and UJVNL Joint Venture, TUECO inks MoU with Nagar Nigam Haridwar
- IREDA bags Navratna status from government
- EIL and Mongol Refinery resumed external construction activities at Mongol Refinery Project site
- World's Largest Airport Coming; 5 times bigger than Dubai International Airport
- NTPC inks pact with RINL for supply of limestone
- RBL Bank Q4 Audited Financial results, FY24
- NCL General Manager (Finance) D Sunil Kumar recommended for SECL Director (Finance)
- Bank of Maharashtra Q4 results, Net Profit increased by 44.95 percent to Rs 1,218 crore
- Axis Bank Overtakes Kotak Mahindra Bank to Become India's Fourth Most Valued Lender
- LIC cuts stakes in major PSU stocks