Profit

PFC eyes 25% growth through FPO

PUBLISHED ON: May 10, 2011 | Duration: 8 min, 25 sec

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Satnam Singh, CMD of Power Finance Corporation says the company aims to increase its capital adequacy to 19% from 15.94% with its follow on public offer (FPO). It is also eyeing 25 per cent growth over the next 2-3 years.
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