1 Essential ESG Story for Indian Professionals
According to Press Monitor's tracking of Indian publications, this media monitoring review delivers the news on ESG that matters most today — a single, pivotal story reshaping India's green infrastructure lending landscape.
1. PFC FY26 Loan Book Crosses Rs 5.8 Lakh Crore
A front-page report in Business Line says Power Finance Corporation (PFC) posted an asset book of Rs 5,80,115 crore in FY26, representing 9.2% year-on-year growth. Chairman Parminder Chopra addressed the Investors Meet 2026 in Mumbai, highlighting the proposed merger with REC Limited and commitments to sustainable finance. The merged entity would create one of India's largest infrastructure financing institutions with an aggregate loan book of around Rs 8.12 lakh crore.
Power Finance Corporation (PFC) has posted an asset book of Rs 5,80,115 crore in FY26, representing 9.2% year-on-year growth. Chairman Parminder Chopra addressed the Investors Meet 2026 in Mumbai, spotlighting the proposed merger with REC Limited and the corporation's commitments to sustainable finance. The merged entity would create one of India's largest infrastructure financing institutions with an aggregate loan book of around Rs 8.12 lakh crore.
Why it matters: PFC's sustainable finance commitments signal a strategic shift toward green infrastructure lending, directly supporting India's net zero transition and aligning with global ESG frameworks like TCFD and the GHG Protocol. This press review from Press Monitor's media intelligence and print media monitoring coverage highlights a development with far-reaching implications for climate-aligned investing.
Key detail: The proposed PFC-REC merger would combine two government-backed power financing entities, creating an institution with over Rs 8 lakh crore in assets — a move that could redefine the scale and scope of climate-aligned lending in the country.
Source: Business Line, New Delhi, 31 August 2026
Next step: Watch for regulatory approvals on the PFC-REC merger and the specific sustainable finance targets the merged entity sets.
Which of these moves matters most for your portfolio? Tag @PFC, @RECLimited, and Parminder Chopra in your comments to join the conversation.