New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following is the largest non-banking

    financial corporation (NBFC) in the power sector in India?
    A National Power Finance Corporation Correct Answer Incorrect Answer
    B Hindustan Power Corporation Correct Answer Incorrect Answer
    C Power Finance Corporation Correct Answer Incorrect Answer
    D India Power Finance Corporation Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Power Finance Corporation (PFC), under the administrative control of the Ministry of Power, is the largest non-banking financial corporation (NBFC) in the power sector in India. State-owned PFC’s maiden green bonds of 300 million euros have been listed on Luxembourg Stock Exchange (LSE). The listing has been done under the co-operation agreement signed between India INX and LSE, which encompasses areas of mutual interest in green bonds and ESG space.

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