IRFC refinances ₹12,842 crore loan for HURL
after close1 source ↓written by the desknot a recommendation
- loan agreement
- ₹12,842 crore
Indian Railway Finance Corporation Limited (IRFC) has signed a ₹12,842 crore loan agreement with Hindustan Urvarak and Rasayan Limited (HURL) to refinance existing debt. This initiative supports agricultural sustainability and enhances operational efficiency for HURL. The deal aligns with IRFC's vision to bolster sectors linked to railways, demonstrating its strategic financing approach.
Not investment advice. For informational purposes only.