Election Day- Use Code DEMOCRACY24

Register Now

PFC and RITES signs MoU for strategic partnership

Published on June 01, 2023
Current Context: Power Finance Corporation (PFC), a Maharatana CPSU and India’s leading NBFC, has entered into a Memorandum of Understanding (MoU) with RITES Limited, a premier engineering consultancy company, to establish a strategic partnership for financing infrastructure and logistics sector projects in India and abroad.
PFC and RITES signs MoU for strategic partnership
  • The MoU will enable both the companies to explore consultancy opportunities for various Government Bodies, Private Entities and Multilateral Funding Agencies.
  • The collaboration will focus on identifying, evaluating, and funding projects in transportation, logistics, energy and allied infrastructure.
  • The MoU was signed on May 26, 2023 in the presence of Ravinder Singh Dhillon, CMD, PFC, Rahul Mithal, CMD, RITES, Directors of PFC & other senior Officials of both Companies

Question:

Q.1 Which of the following is a Maharatana CPSU and India’s leading NBFC?
a. RITES Limited
b. Power Finance Corporation
c. National Thermal Power Corporation
d. Bharat Heavy Electricals Limited
ebook store

About us

ramandeep singh

Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and 5000+ selections, Ramandeep understands the path to success, having transitioned himself from Dena Bank and SBI. He's passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu