Power Finance Corporation Ltd News

PFC, REC say merger transition smooth; merged firm to have 20% exposure cap

Power financiers say post-merger single-entity exposure limit will be 20%, expect adequate headroom for borrowings and smooth transition

PFC-REC merger explained: What it means for investors & key scenarios ahead

The PFC-REC merger is a structural consolidation, not a business overhaul. Here's what it means for investors, government stake rules and possible execution scenarios

PFC board clears merger with REC to boost scale, efficiency of NBFCs

Power Finance Corporation's board has approved an in-principle merger with subsidiary REC Ltd, following the government's Budget push to restructure public sector NBFCs

PFC approves in-principle merger proposal with REC after Budget 2026 push

PFC's board has approved an in-principle merger with REC after the Budget 2026 proposal to restructure the two public-sector NBFCs. The merger details are yet to be finalised

Power Finance Corp Q3FY26 results: Net profit rises 6% to ₹8,212 cr

State-owned Power Finance Corporation on Thursday posted a nearly 6 per cent rise in consolidated net profit to Rs 8,211.90 crore for the quarter ended December, aided by higher income. It had reported Rs 7,759.56 crore "profit for the year ago period from continuing and discontinued operations," the company said in an exchange filing. The company's total income rose by about 9 per cent to Rs 29,140.57 crore in the third quarter from Rs 26,821.84 crore in the corresponding period of preceding financial year. In April-December, the company's profit after tax increased 13 per cent to Rs 25,028 crore from Rs 22,157 crore in FY25. Consolidated Loan book stood at Rs 11,51,407 crore as on December 2025, higher from Rs 10,69,436 crore at the end of 2024. On a standalone basis, PFC's net profit rose 15 per cent to Rs 4,763 cr in Q3 FY26, from Rs 4,155 crore in Q3 FY25. PFC reported 13 per cent in loan asset book to Rs 5,69,627 crore as on December 2025, from Rs 5,03,824 crore as of Decem

Govt likely to consider merger of state-run financiers PFC and REC

Following the announcement, shares of the two entities surged up to 6% on Sunday's special trading session

PFC launches third public NCD issue, eyes ₹5,000 crore fundraising

Power Finance Corporation (PFC) on Thursday launched its third public issue of secured, redeemable non-convertible debentures, with Chairperson and Managing Director Parminder Chopra calling the strong investor response to its earlier bond offerings a clear vote of confidence in the power sector. Chopra said the sector remains a fundamental pillar of India's growth and self-reliance, with PFC acting as the key financial enabler of the transition. The company plans to raise up to Rs 5,000 crore through the public NCD issue, which comes after nearly 30 months, with a base issue size of Rs 500 crore and a green-shoe option to accept oversubscriptions up to the full amount. The public NCD issue the company's third such offering and the first zero coupon public bond issue by a PSU in the current calendar year is set to open for subscription on January 16 and run through January 30. Chopra noted that previous issues were subscribed more than five times. This third issue reflects matur

PFC plans to raise up to ₹5,000 crore through public issue of NCDs

Power Finance Corporation plans to raise up to ₹5,000 crore via a public NCD issue, offering up to 7.30% returns and targeting retail investors

Here's why Power Finance Corporation shares were ruling higher on Jan 12

The northward movement in the state-owned NBFC share price came after the company announced that its board has considered and approved the public issue of NCDs of worth ₹500 crore

CPSE stocks in demand: BHEL, CIL, Nalco, NMDC surge up to 7%; here's why

At 01:37 PM; the BSE CPSE index was up 1.83 per cent, as compared to 0.58 per cent rise in the BSE Sensex on Friday.

After upto 29% dip in 8 Nifty PSE stocks in 2025, experts turn bullish on 2

Stocks to buy for 2026: Analysts believe that valuations are turning attractive for RECL and PFC along with a healthy dividend yield at play.

HUL, ONGC, Trent among 7 BSE 100 stocks technically oversold on charts

The Relative Strength Index (RSI) is a technical momentum indicator which helps in determining overbought and oversold stocks; in general, a reading below 30 is considered as oversold.

ACC, MGL, Trent, REC, PFC, Bata and 35 others from BSE 500 hit 52-week lows

In the past one month, the BSE 500 index has underperformed the market by falling nearly 1 per cent, as compared to 1.3 per cent rise in the BSE Sensex.

Dividend, bonus-issue alert! Keep an eye on these 3 stocks to reap benefits

HDFC AMC will attract attention as the company has announced a bonus issue for its shareholders, while PFC and Shyamkamal Investments have declared dividends for their eligible shareholders

Rate sensitive shares trade firm as RBI keeps repo rate unchanged; PSBs dip

RBI Policy Impact: At 10:34 AM; Nifty Auto, Nifty Realty, Nifty Financial Services and Nifty Bank indices were up nearly 1 per cent, as compared to 0.3 per cent rise in the Nifty 50.

Bernstein rejigs India portfolio; adds HDFC Bank, PB Fintech; exits Infosys

This latest revision, it said, was shaped by several factors, which meant increasing exposure to the financials and consumer sectors, booking gains in stocks where the market drivers are in place