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Power Finance (BOM:532810) Other Assets for Banks : ₹655,741 Mil (As of Mar. 2024)


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What is Power Finance Other Assets for Banks?

Power Finance's quarterly other assets (bank) increased from Sep. 2023 (₹612,108 Mil) to Dec. 2023 (₹720,126 Mil) but then declined from Dec. 2023 (₹720,126 Mil) to Mar. 2024 (₹655,741 Mil).

Power Finance's annual other assets (bank) increased from Mar. 2022 (₹571,807 Mil) to Mar. 2023 (₹642,144 Mil) and increased from Mar. 2023 (₹642,144 Mil) to Mar. 2024 (₹655,741 Mil).


Power Finance Other Assets for Banks Historical Data

The historical data trend for Power Finance's Other Assets for Banks can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Power Finance Other Assets for Banks Chart

Power Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Other Assets for Banks
Get a 7-Day Free Trial Premium Member Only Premium Member Only 509,965.20 515,744.70 571,807.10 642,143.80 655,740.60

Power Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Other Assets for Banks Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 642,143.80 - 612,107.80 720,125.80 655,740.60

Power Finance Other Assets for Banks Calculation

Banks frequently group a variety of accounts as other assets on their balance sheets. Banks must report several of these accounts, such as investment in unconsolidated subsidiaries, customer liability on outstanding acceptances, and intangible assets as separate line items on Call Reports.


Power Finance (BOM:532810) Business Description

Traded in Other Exchanges
Address
Urjanidhi, 1, Barakhamba Lane, Connaught Place, New Delhi, IND, 110001
Power Finance Corp Ltd is a financial institution operating in India and dedicated to financing of the country's power sector and its various projects. The company serves state power utilities, central power sector utilities, power departments, private power sector utilities, joint sector power utilities, power equipment manufacturers, and municipal power utilities. The company's main products include rupee term loans, short-term loans, and a buyer line of credit. Interest income is the company's main source of revenue. The company's strategy emphasizes exploring other areas for sustainable growth, including funding renewable equipment manufacturers, nuclear power projects, and backward linkages to the power sector.

Power Finance (BOM:532810) Headlines

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