Power Finance Corporation Ltd (PFC) has signed a performance-based Memorandum of Understanding (MoU) with Ministry of Power, Government of India detailing various targets to be achieved by PFC during Fiscal Year 2020-21.
Government of India has set an ambitious revenue target of Rs. 36,000 Crores. This target has been set along with various performance-related parameters such as Operating Profit as percentage of Revenue from Operation, PAT as a percentage of Average Net-worth and Non-financial parameters viz., IPDS-related parameters. PFC has been delivering exemplary performance from the past years and the ratings from the Government of India stands testimony to the performance.
Important takeaways for all competitive exams:
Find More News Related to Agreements
The Reserve Bank of India (RBI) has developed the Supervisory Data Quality Index (sDQI) to…
In a landmark decision, the Government of India has extended retirement and death gratuity benefits…
There are thousands of rivers in the world, each with different sizes and lengths. Some…
A newly emerging COVID-19 variant, NB.1.8.1, informally known as Nimbus, is gaining global attention due…
Tomatoes are one of the most commonly used vegetables around the world. They are rich…
Cranberries are small, red and tart berries that are liked by many people all over…
![](data:image/svg+xml;charset=utf-8,<svg height="134px" width="300px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="34px" width="156px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
