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Power Finance Corporation
4.1
based on 41 Reviews
Company Overview
Company Locations
Working at Power Finance Corporation
Company Summary
Overall Rating
4.1/5
based on 41 reviews
4% above
industry average
Highly rated for
Salary & Benefits, Work-Life Balance, Company Culture
Critically rated for
Promotions/Appraisal
Work Policy
Monday to Friday
83% employees reported
Strict timing
53% employees reported
No travel
52% employees reported
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Free meal
4 employees reported
Cafeteria
3 employees reported
Job/Soft skill training
3 employees reported
Office cab/shuttle
2 employees reported
View all benefits
About Power Finance Corporation
Founded in1986 (39 yrs old)
India Employee Count201-500
Global Employee Count201-500
India HeadquartersNew Delhi, India
Office Locations
--
Websitepfcindia.com
Primary Industry
Other Industries
--
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Power Finance Corporation Ratings
based on 41 reviews
Overall Rating
4.1/5
How AmbitionBox ratings work?
5
24
4
10
3
1
2
4
1
2
Category Ratings
4.0
Salary & Benefits
4.0
Work-Life Balance
4.0
Company Culture
4.0
Job Security
3.6
Work Satisfaction
3.4
Skill Development
3.1
Promotions/Appraisal
Power Finance Corporation is rated 4.1 out of 5 stars on AmbitionBox, based on 41 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Power Finance Corporation Reviews
Top mentions in Power Finance Corporation Reviews
Compare Power Finance Corporation with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.1/5 based on 41 reviews | 4.0/5 based on 117 reviews | 3.5/5 based on 5 reviews | 3.5/5 based on 50 reviews |
Highly Rated for | Salary & Benefits Work-Life balance Company culture | Work-Life balance Work Satisfaction Company culture | Job Security | No highly rated category |
Critically Rated for | Promotion/Appraisals | Promotion/Appraisals Job Security | Work-Life balance Company culture Work Satisfaction | Promotion/Appraisals Skill development Work Satisfaction |
Primary Work Policy | - | - | - | Work from office 91% employees reported |
Rating by Women Employees | 3.4 Average rated by 5 women | 4.4 Good rated by 13 women | - no rating available | 4.4 Good rated by 11 women |
Rating by Men Employees | 4.5 Good rated by 31 men | 3.9 Good rated by 97 men | - no rating available | 3.4 Average rated by 39 men |
Job Security | 4.0 Good | 3.3 Average | 5.0 Excellent | 3.5 Good |
View more
Power Finance Corporation Salaries
4.0
rated by 41 employees for salariesProject Coordinator
(14 salaries)
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₹10 L/yr - ₹18 L/yr
Deputy Manager
(12 salaries)
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₹18 L/yr - ₹42 L/yr
Technical Coordinator
(10 salaries)
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₹7.2 L/yr - ₹13 L/yr
Office Assistant
(9 salaries)
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₹2 L/yr - ₹3.1 L/yr
Executive Accountant
(7 salaries)
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₹1.8 L/yr - ₹4 L/yr
Technical Consultant
(7 salaries)
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₹10 L/yr - ₹14 L/yr
Deputy General Manager
(5 salaries)
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₹40 L/yr - ₹55 L/yr
Associate Executive
(5 salaries)
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₹4.1 L/yr - ₹7.3 L/yr
Accounts Associate
(5 salaries)
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₹2.8 L/yr - ₹3.6 L/yr
Secretarial Assistant
(5 salaries)
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₹1.4 L/yr - ₹2 L/yr
Power Finance Corporation News
ICAI’s campus placement sees highest domestic package of Rs 26.70 LPA
- The Institute of Chartered Accountants of India (ICAI) has successfully placed 8,000 chartered accountants through its campus-placement programme.
- The highest domestic package offered was Rs 26.70 lakh per annum (LPA).
- In the previous cycle, 4,782 CAs were placed with Power Finance Corporation offering the highest salary package.
- The overseas placement programme is scheduled to take place later this month, providing opportunities for Indian CAs in various regions.
HRKatha | 2 Jan, 2025
PFC Consulting Forms Special Purpose Vechicle For New Power Transmission System
- State-owned Power Finance Corporation Ltd. has incorporated a project special purpose vehicle to set up an electricity transmission system.
- The project will supply power to green hydrogen/ammonia manufacturing potential in Mundra area of Gujarat.
- PFC Consulting has been appointed as bid process coordinator for the selection of a bidder as Transmission Service Provider.
- The special purpose vehicle will be transferred to the successful bidder after the completion of the bidding process.
Bloomberg Quint | 27 Dec, 2024
Power Finance Q2 Results Review - Healthy; Disbursements To Accelerate Further In H2: Motilal Oswal
- Power Finance Q2 Results Review - Healthy; Disbursements To Accelerate Further In H2: Motilal Oswal
- Asset quality improves due to stressed asset resolution; net interest margin flat QoQ, says the brokerage.
- Power Finance Q2 results are healthy, with expectations of accelerated disbursements in the second half of the year, according to Motilal Oswal.
- The brokerage also noted that the company's asset quality improved due to the resolution of stressed assets, while the net interest margin remained flat quarter on quarter.
Bloomberg Quint | 11 Nov, 2024
India’s Power Finance Turns Down Rs 20,000 Crore Debt To Shapoorji
- India’s state-run Power Finance Corporation Ltd has decided against extending a loan of Rs 20,000 crore to Shapoorji Pallonji Group.
- The group, controlled by Indian billionaire Shapoor Mistry, had approached Power Finance for the loan to refinance its debt.
- Power Finance conducted due diligence and found it to be a new sector for the government-backed lender to fund.
- Shapoorji Pallonji Group will need to explore alternate means to raise funds after the loan denial.
Bloomberg Quint | 10 Nov, 2024
PFC turns down $2.4 billion debt to Shapoorji
- Power Finance Corporation (PFC) has turned down a $2.4 billion loan to Shapoorji Pallonji group.
- PFC conducted due diligence and found it to be a new sector for the government-backed lender.
- The loan would have been used to refinance an old credit facility.
- Shapoorji Pallonji group may have to find alternative ways to raise funds.
HinduBusinessLine | 9 Nov, 2024
PFC reports net profit of ₹7,215 Cr in Q2 FY25
- Power and infrastructure sector lender PFC has reported a net profit of ₹7,215 crore in Q2 FY25.
- PFC's consolidated total income rose to ₹25,755 crore in Q2FY25.
- PFC reported a 14% YoY increase in consolidated Profit After Tax (PAT) in H1FY25.
- Consolidated net NPA has reached its lowest level at 0.80% in H1FY25.
HinduBusinessLine | 8 Nov, 2024
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Power Finance Corporation FAQs
When was Power Finance Corporation founded?
Power Finance Corporation was founded in 1986. The company has been operating for 39 years primarily in the FMCG sector.
Where is the Power Finance Corporation headquarters located?
Power Finance Corporation is headquartered in New Delhi.
How many employees does Power Finance Corporation have in India?
Power Finance Corporation currently has approximately 400+ employees in India.
Does Power Finance Corporation have good work-life balance?
Power Finance Corporation has a work-life balance rating of 4.0 out of 5 based on 40+ employee reviews on AmbitionBox. 83% employees rated Power Finance Corporation 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Power Finance Corporation work-life balance reviews for more details
Is Power Finance Corporation good for career growth?
Career growth at Power Finance Corporation is rated as moderate, with a promotions and appraisal rating of 3.1. 17% employees rated Power Finance Corporation 3 or below, while 83% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Power Finance Corporation reviews for more detailed insights.
What are the pros and cons of working in Power Finance Corporation?
Working at Power Finance Corporation comes with several advantages and disadvantages. It is highly rated for salary & benefits, work life balance and company culture. However, it is poorly rated for promotions / appraisal, based on 40+ employee reviews on AmbitionBox.
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