Power Finance Corporation Limited (PFC), India’s largest NBFC Group, has established its wholly owned subsidiary, PFC Infra Finance IFSC Limited, in the International Financial Services Centre (IFSC) at GIFT City, Gujarat. Notably, PFC becomes the first government NBFC to set up a finance company in IFSC. The Reserve Bank of India (RBI) granted approval on January 9, 2024, and the incorporation of PFC Infra Finance IFSC Limited was completed on February 11, 2024. PFC aims to leverage IFSC’s global platform for efficient and innovative financing solutions, focusing on infrastructure projects, including renewable energy. CMD Ms. Parminder Chopra emphasized the strategic initiative to expand financing capabilities and elevate PFC’s brand globally.
PFC incorporates its wholly owned subsidiary “’PFC Infra Finance IFSC Limited.” in GIFT City, Gujarat
