PFC pays Rs 2,033 crore interim dividend to Govt for FY24

Daily Current Affairs / PFC pays Rs 2,033 crore interim dividend to Govt for FY24

Change Language English Hindi

Category : Business and economics Published on: April 06 2024

Share on facebook

Power Finance Corporation Ltd. (PFC) delivered a record interim dividend of Rs. 2,033 crores to the Government of India for the fiscal year 2023-24.
The total dividends paid by PFC for FY 2023-24 reached Rs. 3,630 crores, representing the highest-ever interim dividend by the corporation at 110% or Rs. 11 per share.
PFC distributed the interim dividend in three installments: the first interim dividend amounted to Rs. 832 crores, the second interim dividend was Rs. 647 crores, and the third interim dividend, the latest installment, totaled Rs. 554 crores.

Jasprit Bumrah and Smriti Mandhana named world's top cricketers in Wisden 2025.
Read More....
India declares state mourning for Pope Francis with flags at half-mast.
Read More....
Minors aged 10+ can now open and operate bank accounts independently: RBI.
Read More....
Poonawalla Fincorp and MobiKwik partner to offer instant personal loans via ZIP EMI.
Read More....
Simranpreet Kaur wins silver in 25m pistol at ISSF World Cup.
Read More....
Rohit, Kohli retain top BCCI contract; Iyer and Kishan return to contract list.
Read More....
26 killed in Pahalgam terror attack during tourist visit.
Read More....
LG Electronics pauses IPO plans for Indian unit due to lower expected valuation.
Read More....
Earth Day celebrated globally; 'Save Earth Conclave' inaugurated by Amit Shah.
Read More....
Air India to acquire Boeing planes originally meant for Chinese carriers.
Read More....

PFC pays Rs 2,033 crore interim dividend to Govt for FY24