Power Finance acquires 52.63% government stake in REC Ltd
The acquisition follows the Union Budget's vision for scaling up credit disbursement and technology adoption. PFC's board has approved the acquisition and a future merger. Post-merger, PFC will remain a Government Company.
The acquisition follows the Union Budget's vision for scaling up credit disbursement and technology adoption. PFC's board has approved the acquisition and a future merger. Post-merger, PFC will remain a Government Company.
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