Power Finance Corporation plans $ 1.4 billion retail investor bonds – Economic Times
Power Finance Corporation plans $ 1.4 billion retail investor bonds – Economic Times
India’s largest electricity lender plans to sell bonds to individual investors as it tries to lure savers dissatisfied with deposit rates to a 16-year low. Power Finance Corp. has filed a draft prospectus for a 100 billion rupee ($ 1.4 billion) bid and plans to raise the full amount this quarter, according to Parminder Chopra, […]
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