Bullish on PFC: Seshadri Bharathan
The company would be able to raise funds at a lower cost of interest and would be able to disburse up to 40% of its own fund to the borrowers.
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| Seshadri Bharathan, MD & CEO, KSEMA Fincon Ltd, in a chat with ET Now talks about PFC.
What is the call on PFC?
Having turned PFC definitely is a positive news because company would be able to raise funds at a lower cost of interest and would be able to disburse up to 40% of its own fund to the borrowers. So that again is a positive news and we can see that the disbursement target would exceed what the company expect for FY11.
What is the call on PFC?
Having turned PFC definitely is a positive news because company would be able to raise funds at a lower cost of interest and would be able to disburse up to 40% of its own fund to the borrowers. So that again is a positive news and we can see that the disbursement target would exceed what the company expect for FY11.
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