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Geojit Research Report
Indian Railway Finance Corporation Ltd., wholly-owned by the Government of India, is the dedicated market borrowing arm of the Indian Railways.
Incorporated in 1986, it follows a financial leasing model to finance the acquisition of rolling stock assets, which includes locomotives, coaches, wagons, trucks, flats, electric multiple units, containers, cranes, trollies etc.
IRFC is also into leasing of railway infrastructure assets and national projects of the Government of India (collectively, ‘ Project Assets' ) and lending to other entities under the Ministry of Railways.
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