Power Finance Corporation – PFC – leading financial institution on India focused on power sector will issue tax free bonds as detailed below. Issue Size: Rs.100/- Crore with option to retain oversubscription up to shelf limit of 3890.25 crore. Important Dates: Issue Open Date: Feb 18, 2013. Issue Close Date: Mar 15, 2013. Credit Rating…
IRDA New Regulations For Health & Life Insurance:
Last week Insurance Regulators have approved few important regulations for insurance companies.These regulations are summarized as below: IRDA have approved new regulations for health insurance companies.As per new guidelines all health insurance policies will now provide for entry age of upto 65 years & will not have any exit age for renewal,if policy is continuously…
PNB Housing Finance Fixed Deposits – Details & Current Interest Rates
PNB Housing Finance Limited – PNBHFL -A subsidiary of Punjab National Bank & involved in the housing finance activities like Home loan,home construction loan,Home plot loan,loan against property etc. PNBHFL was started its operation in the year of 1988. PNBHFL accepts public deposits which are rated as FAA+ which indicates the higher level of safety…