REC India – Rural Electrification Corporation -A Navratna status Govt Of India undertaking PSU have come up with an issue of Secured,redeemable Tax Free bonds.REC can raise Rs. 1000 crore through tax free bond issues in this financial year. REC was started in 1969 with an objective to finance and promote Rural electrification projects. Imp…
7.60% PFC Tax Free Bonds 2015- Details & Interest Rates:
After NTPC, PFC – Power Finance Corporation – Govt Of India undertaking financial institution which promotes efficient investments in Indian power and allied sectors will open tax free bonds for subscription. PFC will offer Tax Free Bonds for duration of 10yrs, 15yrs and 20yrs. PFC will raise Rs.700 crore through the issue of Tax Free…
7.62% NTPC Tax Free Bonds Sept 2015:
Recently Govt have allowed few public sector companies to raise capital through Tax Free bonds. NTPC – A Maharatna status – Govt of India enterprise has come up with issue of Secured, tax free bonds issue which will open on September 23, 2015. NTPC is one of the largest power generation and distribution company have…