Is PFC a govt company?
Rachel Davis
Updated on January 09, 2026
PFC is India’s largest NBFC and also India’s largest infrastructure finance company. Initially wholly owned by the Government of India, the company issued an initial public offering in January, 2007….Power Finance Corporation.
| Type | Government Corporation |
|---|---|
| Genre | Financial Services |
| Founded | July 1986 |
| Headquarters | New Delhi , India |
| Area served | India |
What does PFC company do?
Power Finance Corporation Ltd is a leading power sector public financial institution and a non-banking financial company providing fund and non-fund based support for the development of the Indian power sector.
Who is Ravinder Singh Dhillon?
Ravinder Singh Dhillon took over the charge of Director (Projects), Power Finance Corporation Ltd. on 12th June 2019. He has more than 34 years of experience in various areas of power sector and was serving as Executive Director in PFC prior to this appointment.
Is PFC a good buy?
PE vs Industry: PFC is good value based on its PE Ratio (2.7x) compared to the Indian Diversified Financial industry average (14.4x). PE vs Market: PFC is good value based on its PE Ratio (2.7x) compared to the Indian market (21.7x).
Who are PFC promoters?
PFC is currently the holding company of REC and also its promoter. PFC chairman Rajeev Sharma said at the time that PFC was hopeful about the merger of the two firms taking place in FY20.
How does Power Finance Corporation work?
➢ FINANCIAL ASSISTANCE FOR POWER SECTOR STUDIES-In line with its development role, Power Finance corporation (PFC) provides technical and financial assistance by strategically providing grants, interest free and/or concessional loans to carry out the following studies: 1. Reform & restructuring related studies.
Who is director of Power Finance Corporation?
You can view name of Chairman, CEO, CFO, Management Team, Board of Directors and Key Executives of Power Finance Corporation Ltd….PREMARKET.
| Management | |
|---|---|
| Parminder Chopra | Director – Finance |
| Praveen Kumar Singh | Director – Commercial |
| R C Mishra | Independent Director |
| Ravinder Singh Dhillon | Chairman & Managing Director |
Who has been appointed as the chairman and managing director of Power Finance Corporation?
Ravinder Singh Dhillon
New Delhi: State-run Power Finance Corporation (PFC) on Friday announced the appointment of Ravinder Singh Dhillon as Chairman and Managing Director from June 1 following superannuation of Rajeev Sharma this month.
Why is Pfc undervalued?
This is because Power Finance’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company’s shares will likely fall by more than the rest of the market, providing a prime buying opportunity.
Is PFC good for long term?
PFC offers better rates for the long term, and there’s also the option to get quarterly interest payouts. For three and five years, investors can only get a yearly payout. The 15-year investment tenure rates are 6.97% and 7.15% for quarterly and annual interest payouts, respectively.
What kind of company is Power Financial Corporation?
PowerFinancial.com Power Financial Corporation ( TSX : PWF) is a Canadian multinational diversified management and holding company that was founded in 1984 and has interests, directly or indirectly, in companies in the financial services sector in Canada, the United States and Europe, through its controlling interests in Great-West…
Which is the first Power Finance Corporation in India?
Power Finance Corporation is an Indian financial institution. Established in 1986, it is the financial backbone of Indian Power Sector. PFC is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). It is also an ISO 9001:2000 certified company and enjoys the status of Navratna Company in India.
Where does Power Financial get its money from?
Power Financial also has substantial holdings in a diversified group based in Europe, Pargesa Holding SA. In partnership with its subsidiaries Great-West Lifeco and IGM Financial, Power Financial holds an investment in Portag3, an investment fund dedicated primarily to backing financial services companies.
Who are the Board of directors of Power Financial?
Power Financial is a subsidiary of Power Corporation of Canada. R. Jeffrey Orr was appointed as President and Chief Executive Officer of Power Financial in 2005. Paul Desmarais, Jr. and André Desmarais are Executive Co-Chairmen of the Board.