January 01, 2021 at 04:30AM
The limit has been raised as the power sector lender prepares itself to disburse more than Rs 60,000 crore to state-run power distribution companies to help them clear the dues of power generators under the Rs 1.2-lakh-crore liquidity infusion scheme. The rest of the loan under the scheme will be given by PFC’s subsidiary Rural Electrification Corporation.
from The Financial Express
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