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PSU NBFCs have better asset quality than private sector peers

PSU NBFCs have better asset quality than private sector peers
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Public Sector Enterprise Hiring For Various Positions, Check Details

REC limited is a Maharatna Public Sector Enterprise and a well acclaimed Non-Banking Financial Company endowed with Infrastructure Finance Company status.

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ireda share price: Multibagger! IREDA shares climb 5% on signing green power co-finance deal with Indian Overseas Bank

IREDA shares rose 5% after partnership with IOB to co-finance renewable energy projects. As per Trendlyne data, the average target price of the stock is Rs 80, which shows a downside of 35% from the current market prices. The consensus recommendation from one analyst for the stock is a Strong Sell .

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Serentica Renewables raises Rs 3 5k crore via ECBs

A consortium of three international banks (Rabobank, MUFG Bank, Societe Generale) and three Indian lenders (YES Bank, Export-Import Bank of India, India Infrastructure Finance Company) have structured the loan for Serentica. Rabobank acted as the sole structuring bank for this loan facility. Tenure of the ECB facility is seven years, and the interest rate is 6.25%.

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IIFCL planning to go public by FY25, says MD

As of now, IIFCL is 100% owned by the government. Jaishankar said that he expects the FY24 profit to cross Rs 1,500 crore.

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