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Power Finance Corporation - Maharatna Status
October 16 , 2021
941 days
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- The Central Government has given “Maharatna” status to Power Finance Corporation (PFC).
- PFC has become the 11th state-owned entity in India to enter the Maharatna category.
- PFC is the largest infrastructure company in India.
- This enhanced status will enable it to,
- To make quality investments,
- To form financial joint ventures and wholly-owned subsidiaries
- To oversee mergers & acquisitions within India as well as abroad.
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