With the Reserve Bank of India (RBI) releasing guidelines for new bank licences, Power Finance Corporation (PFC) plans to apply for a license to launch banking operation. Satnam Singh, Chairman and Managing Director of the power sector lender said his firm would discuss the matter in its next board meeting. He informed that the state-run lending agency meets the norms for setting up commercial bank which were issued by RBI recently.
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Home » PFC plans banking business
PFC plans banking business
Infrastructure Finance
March 1, 2013March 1, 2013
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