{"id":324361,"date":"2020-01-28T11:35:21","date_gmt":"2020-01-28T06:05:21","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=324361"},"modified":"2020-01-28T11:35:21","modified_gmt":"2020-01-28T06:05:21","slug":"pfc-npas-to-reduce-with-resolution-of-4-stressed-plants-cmd","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pfc-npas-to-reduce-with-resolution-of-4-stressed-plants-cmd\/","title":{"rendered":"PFC NPAs to reduce with resolution of 4 stressed plants: CMD"},"content":{"rendered":"<p>State-owned Power Finance Corp (PFC) expects significant reduction in its bad loans with resolution of four stressed power generation assets, expected by the end of this financial year, its chairman and managing director Rajeev Sharma said on Monday.<\/p>\n<p>Sharma said the company\u2019s gross non-performing assets (NPAs) was expected to reduce to about 5% from 9.05% now, post resolution of these four assets in which the company has an exposure of Rs 7,700 crore. These assets constitute 25% of the company\u2019s bad loans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned Power Finance Corp (PFC) expects significant reduction in its bad loans with resolution of four stressed power generation assets, expected by the end of this financial year, its chairman and managing director Rajeev Sharma said on Monday. Sharma said the company\u2019s gross non-performing assets (NPAs) was expected to reduce to about 5% from 9.05% now, post resolution of these four assets in which the company has an exposure of Rs 7,700 crore. These assets constitute 25% of the company\u2019s bad loans.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-324361","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/324361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=324361"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/324361\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=324361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=324361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=324361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}