PFC-REC Merger Moves Closer to Cabinet Approval; Finance Ministry Examines Ownership Structure
The proposed merger of Power Finance Corporation (PFC) and REC Limited has moved closer to a crucial decision, with the Finance Ministry reviewing the proposal before it is placed before the Union Cabinet for approval. The government is targeting April 1, 2027, for the merger to take effect, paving the way for the creation of …
The post PFC-REC Merger Moves Closer to Cabinet Approval; Finance Ministry Examines Ownership Structure appeared first on Indian PSU | Public Sector Undertaking News.
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