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ICICI Direct Report
Indian Railway Finance Corporation is the dedicated market borrowing arm of the Indian Railways.
The company registered with the Reserve Bank of India as a non-banking financial company and is classified under the category of an ‘ Infrastructure Finance Company’.
The primary business is financing the acquisition of rolling stock assets, which includes both powered and unpowered vehicles, as enumerated in the Standard Lease Agreement, leasing of railway infrastructure assets and national projects of the Government of India, and lending to other entities under the Ministry of Railways, Government of India.
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