Power Finance Corporation NCD opens today; offers interest up to 7.5% - BusinessToday
Power Finance Corporation NCD opens today; offers interest up to …
Jul 21, 2023
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State-run Power Finance Corp (PFC) in Focus after the fim annouced the launch of Rs 5,000 crore secured Non-Convertible Debenture (NCD) issue. The issue will open on January 16 and close on January 30. Minimum application ammount is Rs 10,000 (10 NCD) and in multiple of Rs 1,000 (1 NCD) thereafter. However, in case of Series III NCDs (zero coupon NCD), the minimum application shall be 1 NCD and in multiple of 1 NCD thereafter. (For Series III NCDs, the minimum application amount shall be Rs 51,5
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