PFC & REC to offer 10-year loans to state discoms at 9.5%

A senior government official said that PFC and REC have fixed interest rates under the liquidity package at 8.75% for three-year loans, 9% for five year loans, 9.25% for seven years and 9.5% for 10-year term loans. The interest rates will be valid for the next 60 days.

from Energy-Industry-Economic Times https://ift.tt/3cpgGds