NHB, IRFC plan bond sales to raise up to Rs 4,500 croreNHB is set to issue three-year non-convertible debentures (NCD) maturing in July 2026 with a base size of ₹500 crore with a green shoe opti...
Indian Railways Finance Corporation raises funds at lower rate than governmentIn the recent time, this is the first instance when a top-rated corporate raised long term money in domestic market at rate lower than sove...
Companies seek to raise $2 billion via dollar bondsIRFC, Jubilant Pharma and ReNew Power could be among the others queuing up to sell these bonds.
LIC will invest up to Rs 26,000 crore in IRFC“IRFC will issue bonds to LIC to ... meet its borrowing requirements. The cost of borrowing looks cheap compared to other market rates,” .
IRFC's Rs 5,000 crore bond issuance to LIC gets govt guarantee
IRFC in talks with government for sovereign guarantee to bondsIndian Railways had signed a memorandum of understanding in March 2015 with the state-run insurer to seek Rs 1.5 lakh crore over a period o...
IRFC hopeful of raising Rs 1,000 crore from capital gains bondsIRFC is among the four institutions authorised by the Finance Ministry to issue such bonds.
Railways to raise Rs 35,000 crore more in FY18All the borrowing will be done through the IRFC, according to a senior official, who said the plan includes raising Rs 18,000 crore through...
Finance ministry okays LIC’s Rs 1.5 lakh crore funding of Indian RailwaysLIC had signed a MoU two years ago to invest in the railways through bonds but since this would take its exposure to more than 25% of IRFC’...
IRFC may raise Rs 6,300 crore via rupee-denominate bonds abroadRailways' finance wing may become the first domestic entity to sell offshore rupee-denominated bonds after RBI allowed this in its April 7 ...
Sonia Gandhi loses tax-free railway bonds worth Rs 10 lakhSonai Gandhi owns 1000 bonds, which have been misplaced,each with a face value of Rs 1,000 and offering a fixed return.
Four tax free bond issues hit the financial marketsTax free bonds are back after a lull of two weeks. REC, PFC, HUDCO and IRFC launch their tax free bonds.
- IRFC likely to raise another Rs 1,500 cr by this fiscal year end
The funds raised through the issue will be utilised to finance the acquisition of rolling stocks like coaches, locomotives, engines etc. wh...
Should retail investors buy Hudco and IRFC bonds?Both Hudco and IRFC bonds offer good tax-adjusted returns, but retail investors should buy only if they don't plan to sell them on listing.
- IRFC to raise Rs 14K cr via bonds, external borrowings
IRFC would raise Rs14,000 crore over the next three months through a combination of tax-free bonds and borrowings from overseas and domesti...
- IRFC plans retail push for Rs 3k cr tax-free bonds
IRFC is the only entity to obtain permission from the finance ministry to float tax-free bonds during the current financial year.
- IRFC raises Rs 1,100 crore via longest-tenure bonds
Indian Railways Finance Corporation (IRFC) has raised Rs 1,100 crore by issuing the longest tenure non-government bond in the domestic mark...