The Union Budget proposes restructuring of state-owned NBFCs PFC and REC to improve scale and efficiency, but the government ...

The boards of the two state-owned lenders on February 6 approved the merger in principle, following the Union Budget announcement on restructuring PFC and REC.

The PFC-REC merger is a structural consolidation, not a business overhaul. Here's what it means for investors, government stake rules and possible execution scenarios ...

The recently announced merger of Power Finance Corporation (PFC) and REC Ltd is fueling hopes that power sector linked ...

Motilal Oswal stays bullish on PFC and REC, flagging up to 21% upside as Budget 2026’s NBFC restructuring revives merger momentum despite divergent Q3FY26 trends.

Markets stayed range-bound with improving breadth as IT stocks rallied, led by Infosys after the Anthropic deal. Experts ...

A government official cited by the report said that the merger scheme is currently being prepared, and the infusion of equity ...

State-owned Power Finance Corporation (PFC) has declared its financial results for the quarter ended March 31. According to an exchange filing, the Maharatna company has reported an 11 per cent rise ...

PFC share price falls 3% as firm discloses ₹307 crore dues pending from Gensol Engineering. State-run Power Finance Corporation (PFC) share price fell over 3 per cent in Wednesday's trading session ...

Despite their improved asset quality and undeniable industry tailwinds—such as the government’s push for data centres, logistics and maritime—uncertainty looms over the potential merger.