Latest News | PFS Board Approves Sanctioning of Rs 800 Crore as Loan

New Delhi, Dec 9 (PTI) PTC India Financial Services Limited (PFS) on Friday said its board has approved a proposal to sanction Rs 800 crore as loan to borrowers.

PFS is a non-banking finance company promoted by PTC India Limited.

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A "board meeting dated December 9, 2022 (Friday) sanctioned additional loans of Rs 800 crore to various borrowers," the company said in a regulatory filing.

The company is committed to perform better in coming quarters to achieve sustainable growth, it said.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)