November 5, 2026
Business

Budget 2026 flags restructuring of PFC, REC; merger question remains open(Soban News)

The Union Budget proposes restructuring of state-owned NBFCs PFC and REC to improve scale and efficiency, but the government has stopped short of indicating whether the two lenders will be merged

​The Union Budget proposes restructuring of state-owned NBFCs PFC and REC to improve scale and efficiency, but the government has stopped short of indicating whether the two lenders will be merged by Soban News (international And National News)

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