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VERIFIEDET Finance·positive
IRFC signs Rs 13,527 crore loan agreement with Hyderabad Metro for debt refinancing
AI Summary
- ·IRFC has signed a Rs 13,527 crore loan agreement with Hyderabad Metro Rail for debt refinancing.
- ·This agreement aims to clear existing debt obligations for the metro project.
- ·IRFC plans to raise Rs 70,000 crore this financial year to fund more metro projects.