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About Power Finance Corporation

Power Finance Corporation Limited is a non-banking finance company in India. The company's field of activity is mainly the provision of financial assistance in the energy sector. The company's fund-based products include project-based loans, Lease financing for equipment purchases, short/medium-term loans to equipment manufacturers, grants/interest-free loans for training/consulting, commercial loans, credit lines for importing coal, buyer. credit lines, lease financing for wind energy projects, debt financing and credit lines for purchasing electricity through the electricity exchange. Its non-fund products include deferred payment, letter of credit (LoC), fuel supply agreement (FSA) and credit guarantee. The company provides consulting and advisory services in the field of financing, regulation and capacity development. The company's subsidiaries are REC Limited and PFC Consulting Ltd.

FAQs

What is a stock?

Stock is a general term used to describe certificates of ownership in any company. A share, on the other hand, refers to a share certificate of a particular company. Owning shares in a particular company makes you a shareholder.

What is a stock market?

The term stock market refers to several exchanges where shares of state-owned companies are bought and sold. Such financial activities are carried out through official exchanges and over-the-counter markets that operate according to specific regulations.

Both "stock market" and "stock exchange" are often used interchangeably. Stock traders buy or sell stocks on one or more exchanges that are part of the general market.

How to invest in the stock market?

Below are the steps which shows you how to Invest in the stock market:

Step 1: Open a Demat and trading account. This is the starting point for investing in the aftermarket.
Step 2: Selection of stocks. Log in to your trading account and select the shares you want to sell or buy.
Step 3: Choose a price.
Step 4: Complete the transaction.

How to buy shares?

Procedure to buy shares online:

1. Getting a PAN card: Permanent Account Number (PAN) is mandatory for online purchase of shares.
2. Open a Demat account: Opening a demat account is the next important step in buying shares online.
3. Open a business account.
4. Register on the broker/broker platform.
5. You also need a bank account.

What is NSE?

The NSE operates under the so-called National Exchange for Automated Trading (NEAT), which is a fully automated screen-based trading system that follows the principle of an order-based market. NSE has deliberately chosen a bid-based system over an order-based system.

What is BSE?

BSE Limited, also known as the Bombay Stock Exchange, is an Indian stock exchange located on Dalal Street in Mumbai. Founded in 1875 by cotton merchant Premchand Roychand, the stock exchange is the oldest in Asia and also the tenth oldest in the world.

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