Indian equities fell 0.8% this week as Tata succession uncertainty and a sell-off in metals outweighed gains in telecom and realty stocks, leaving India behind a broader AI-led rally across Asia.
3 min read14 Aug 2026Power Finance Corporation will consider an interim dividend proposal for FY 2026-27 at a board meeting on August 7, 2026. The decision remains pending board approval, following earlier communication. PFC's stock rose slightly, reflecting investor interest as the meeting approaches.
2 min read4 Aug 2026REC Ltd will merge with Power Finance Corporation after the President's approval, nearly seven years post-PFC's acquisition of a majority stake. This merger aims to enhance efficiency in Public Sector NBFCs and will dissolve REC as per the Companies Act.
1 min read10 Jun 2026Power Finance Corporation reported a 2.87% increase in consolidated profit for Q4FY26, reaching ₹8,598 crore. However, revenue from operations fell by 1% to ₹28,919.52 crore. The company proposed a final dividend of ₹3.95 per share, adding to previous interim dividends.
1 min read13 May 2026Power Finance Corporation Q4 results 2026 Highlights: NII, the difference between interest earned and expended, fell 10.5% YoY to ₹10,833 crore in Q4FY26, according to the exchange filing.
2 min read13 May 2026PFC board of directors at their meeting held today, March 17, approved a fourth interim dividend of ₹3.25 per equity share on the face value of the paid-up equity shares of ₹10 per share each for FY 2025-26.
1 min read17 Mar 2026While presenting the Budget 2026, finance minister Nirmala Sitharaman had said the restructuring of PFC and REC is the initial step towards improving the efficiency of public-sector NBFCs.
2 min read6 Feb 2026PFC had acquired the government's 52.63% holding in REC for ₹14,500 crore in March 2019, pursuant to 'In Principle' approval of the Cabinet Committee on Economic Affairs (CCEA). Accordingly, REC has been operating as a subsidiary company of state-owned PFC.
1 min read6 Feb 2026PFC Q3 results: Profit jumped 14.6% YoY to ₹4,763.33 crore. The company declared a third interim dividend of ₹4 per share of ₹10 for FY26. It had earlier paid an interim dividend of ₹ 7.35 for FY26.
1 min read5 Feb 2026PFC will issue NCDs of 15-year tenor, and offer a coupon rate of 7.3% payable on an annual basis. The base size of the issue is ₹500 crore with a greenshoe option of ₹4,500 crore.
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