Power Grid, IFC may tie up for rural electrification, dist...

12:25pm BST Rural Electrification Corp Ltd announced that the Board of Directors of the Company at its meeting held on May 28, 2013, inter alia, has recommended the Final Dividend of INR1.50 (Rupees One and Fifty Paisa only) per share (on the face ...

State-run Rural Electrification Corp today reported 35 per cent jump in consolidated net profit at Rs 3,832.78 crore for the year ended March 2013. The company, which primarily lends to the power sector, had a net profit of Rs 2,838.66 crore in ...

MUMBAI: National Stock Exchange (NSE) today said securities of Housing & Urban Development Corp, Rural Electrification Corp, Jawaharlal Nehru Port Trust and National Housing Bank would be available for trading on its just launched debt trading ...

Under the Section 54 EC of the Indian Income Tax act, investing in these bonds help you save LTCG tax of 20 percent applicable on the gains you made.

MUMBAI, May 22 (Reuters) - India's Rural Electrification Corp Ltd has attracted strong demand for its subordinate bond sale, with bids of over 25 billion rupees ($452.20 million), said three traders with knowledge of

It is believed to be looking at issuing bonds with tenure of 10-15 years and has sought bids from banks

Bharat Heavy Electricals (BHEL) is trying to directly secure the disbursement of loans sanctioned to developers by lenders such as the Rural Electrification Corp (REC) for completing projects that were stalled. This will enable BHEL to alleviate the ...

Tags: Power Finance Corporation | PFC | Bank | Banking licence | NBFCs Power Finance Corporation(PFC), the largest nonbanking finance institution (NBFC) in the country in terms of net worth, first voiced its intention of setting up a bank nearly ...

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