A primary cause for concern of the players in the financing segment has been lending to State Electricity Boards (SEBs). While analysis has been doing rounds of increased bad loans from them, Power Finance Corporation (PFC) is confident of a positive recovery.
Speaking to CNBC-TV18 in an exclusive interview, Satnam Singh, chairman and managing director of PFC says that the company has zero bad debt from SEBs in the past 25 years of lending.
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