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Tag "Indian Railway Finance Corporation"

IRFC raises Rs 1,375 cr by issuing bonds

IRFC raises Rs 1,375 cr by issuing bonds

🕔20:59, 27.Mar 2021

New Delhi, March 27  The Indian Railway Finance Corporation (IRFC), the dedicated financing arm of the Indian Railways has raised Rs 1,375 crore through issuance of domestic bonds. The fund has been raised at 6.80 percent coupon rate with 20-year

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Indian Railway Finance Corp’s Rs 4,600 cr IPO opens next week

Indian Railway Finance Corp’s Rs 4,600 cr IPO opens next week

🕔19:59, 13.Jan 2021

New Delhi, Jan 13  The initial public offering (IPO) of Indian Railway Finance Corporation (IRFC), worth over Rs 4,600 crore, will open on January 18 and close on January 20. The price band of the IPO will be of Rs

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As bio-toilets clog, Railways turns to vacuum toilets in 13 trains

As bio-toilets clog, Railways turns to vacuum toilets in 13 trains

🕔10:18, 16.Apr 2018

New Delhi, April 16  With its much-touted bio-toilets proving less than reliable, Indian Railways is turning to vacuum toilets for 13 premier trains, including the Howrah Rajdhani, Goa Rajdhani, Amritsar Swarn Shatabdi and Bandra-Patna Humsafar. The bio-toilets, which replaced open

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Government to guarantee IRFC’s Rs 5,000 cr bond issuance to LIC

Government to guarantee IRFC’s Rs 5,000 cr bond issuance to LIC

🕔20:15, 26.Mar 2018

New Delhi, March 26  The Central government will guarantee the Rs 5,000 crore bond issue by the Indian Railway Finance Corporation (IRFC) to be subscribed by state-run Life Insurance Corporation (LIC) according to an official announcement on Monday. A Finance

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Railway ministry meets banks over Rs.8.5 lakh crore opportunity

Railway ministry meets banks over Rs.8.5 lakh crore opportunity

🕔10:06, 23.Jul 2015

New Delhi, July 23  The railway ministry and its PSU Indian Railway Finance Corporation hosted a meeting of banks and financial institutions over an investment plan of Rs.8.5 lakh crore in the coming five years to strengthen and modernize railway

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