 "power, electricity")
The Union power ministry has moved a proposal to grant Power Finance Corporation (PFC) the status of a development financial institution (DFI), according to sources in the know. With the deadline to comply with Reserve Bank of India’s (RBI's) card-on-file tokenisation norms fast approaching, industry participants say they are relatively well placed now as far as readiness to transition into the new regime is concerned. Read more on these in our top headlines.
Power Ministry pitches PFC as India's lead DFI for energy transition
The Union power ministry has moved a proposal to grant Power Finance Corporation (PFC) the status
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