November 22, 2024 23:05 (IST)
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IRFC to raise $ 1.1 billion from Japanese lenders to finance Indian Railways' green initiatives: Report

IRFC to raise $ 1.1 billion from Japanese lenders to finance Indian Railways' green initiatives: Report

New Delhi: Indian Railways Finance Corp (IRFC) has decided to raise $1.1 billion (about 130 billion yen, or Rs 8,440 crore) through a yen-denominated syndicated offshore loan to finance the green initiatives of the India Railways, ET reported.