Bluechip PSUs Are Looking For EPFO funds
Wednesday, January 11, 2017, 2:32 PM
Labour Minister Bandaru Dattatreya said, Blue chip PSUs are looking for funds from the Employees Provident Fund Organization (EPFO), which is sitting on a huge cash pile. The Minister said that EPFO is also looking for better returns, following reduction in bank interest rates, post- demonetization. About 7 PSUs have offered to take investments from EPFO.