Which of the following is the largest non-banking

Q: Answer-Which of the following is the largest non-banking financial corporation (NBFC) in the power sector i...

Power Finance Corporation PFC, under the administrative control of the Ministry of Power, is the largest non-banking financial corporation NBFC in the power sector in India. State-owned PFCrsquos maiden green bonds of 300 million euros have been listed on Luxembourg Stock Exchange LSE. The listing has been done under the co-operation agreement signed between India INX and LSE, which encompasses areas of mutual interest in green bonds and ESG space.

financial corporation (NBFC) in the power sector in India?

A National Power Finance Corporation Correct Answer Incorrect Answer

B Hindustan Power Corporation Correct Answer Incorrect Answer

C Power Finance Corporation Correct Answer Incorrect Answer

D India Power Finance Corporation Correct Answer Incorrect Answer

E None of the above Correct Answer Incorrect Answer

Solution

Power Finance Corporation (PFC), under the administrative control of the Ministry of Power, is the largest non-banking financial corporation (NBFC) in the power sector in India. State-owned PFC’s maiden green bonds of 300 million euros have been listed on Luxembourg Stock Exchange (LSE). The listing has been done under the co-operation agreement signed between India INX and LSE, which encompasses areas of mutual interest in green bonds and ESG space.

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