November 27, 2024 11:00 (IST)
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Railway Ministry convenes meeting of Financial Institutions
New Delhi, Aug 6 (IBNS): Following up on the Banks' & Financial Institutions' Conclave held in Delhi on July 21, the Ministry of Railways are convening a meeting in Mumbai on Friday with representatives of Financial Institutions to sensitize the finance community of emerging investment opportunities in the Railway Sector.
The meeting of senior Railway officials with Heads and CEOs of FIs & a few corporates is being organized at the initiative of Minister of Railways Suresh Prabhakar Prabhu who had in his maiden Railway Budget unveiled massive investment
plans for strengthening and modernizing the key Railway infrastructure in the country.
plans for strengthening and modernizing the key Railway infrastructure in the country. Prabhu, Chairman, Railway Board and Financial Commissioner, Railways are scheduled to address the meeting.
The meeting is being held in Mumbai this time to increase exposure and visibility to the investment plan of Railways.
plan of Railways. The Indian Railway Finance Corporation (IRFC) which is the financial intermediary for the Railways is co-hosting the meeting.
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