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This Article is From Jan 15, 2021

Indian Railway Finance Corporation IPO Review: ICICI Direct  

 Indian Railway Finance Corporation IPO Review: ICICI Direct  
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BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

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.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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