PFC profit rises 34% to Rs 2,274 crore in Q1FY22

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PFC’s net interest income increased 14.7% annually to Rs 3,525 crore in Q1FY22, while cost of funds fell by 25 basis points (bps) to 7.43% in the same period. State-owned entity has declared an interim dividend of Rs 2.25 per share for FY22.