Govt targets IRCTC, IRFC IPOs by September, to raise about Rs 1,500 cr

Moneycontrol 2019-04-17

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The finance ministry earlier this year initiated the process of launching an IPO of Indian Railway Finance Corporation (IRFC) but the company has told the railway ministry that their borrowing cost will go up if it gets listed, the official said. A final call on this would be taken by the Union Cabinet.

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