Power Finance to Raise ₹10,000 Crore via Public Bonds

Power Finance Corporation (PFC), a company that helps fund infrastructure projects, wants to borrow a lot of money.

They plan to sell bonds, which are like IOUs, to the public to raise up to ₹10,000 crore.

This is because it's getting harder for them to get money from banks.

They've done this before, and it was successful.

The company's financial health is good, and they have a strong position in power sector financing.

This bond issue may also help others do the same, as it gives more people a chance to invest.

PFC's profits are healthy, though they dipped slightly in the last quarter.

This move could bring more retail investors.