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Monday 30 October 2017

BIGGEST ASSET UPGRADE IN NBFC INDUSTRY 

   *47% NPAs become Standard*

_POWER FINANCE CORP_

~I am happy to inform you that out of 23309 crore NPAs about 11000 crore have already got upgrade w.e.f. 15th July~

Above is excerpt from speech of Chairman at recent AGM

With 47% NPA assets becoming standard in Q2, Asset quality of PFC has made huge improvement.

_Gnpa Nnpa in Q2 no's should be substantially lower and Analysts would upgrade PFC_

PFC is an excellent buy and most Undervalued NBFC as it is still much below its 2017 high of 170

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