Whalesbook
Bhai, IRFC ka target toh kamaal ka hai. Woh log 2030 tak ₹3 lakh Crore ka paisa fund karne ka plan bana rahe hain. Isme se 70% tak disburse ho jayega, matlab lagbhag 20 bade infrastructure projects jinme se har ek ₹15,000 Crore ka hoga. National Infrastructure Pipeline se unko kaafi business milne ki umeed hai.
Ab is ambitious target ko achieve karne ke liye woh 'IRFC 2.0' strategy leke aaye hain. Matlab, ab sirf trains pe hi focus nahi rahega, balki energy aur mining jaise sectors mein bhi paisa lagayenge. Jaise ki NTPC, IOCL, aur Coal India. Is move se unka net interest margin badhega, kyonki non-railway projects par railway projects se zyada returns milte hain – roughly 100-120 basis points zyaada, jabki railway projects par sirf 40 basis points milte hain.
Ab IRFC ki sabse badi strength pata hai kya hai? Unki zero non-performing asset (NPA) policy! Is wajah se woh 6.5% jaise competitive rates par funds raise kar paate hain, jo government securities (G-sec) rate se bhi kam hai. Yeh policy unko risk manage karne mein madad karti hai, aur woh sirf government projects par hi dhyan dete hain.
Aur haan, paise kamane ke liye woh foreign currency, jaise dollars aur yen mein bhi borrowing karte hain, kyunki yeh domestic options se saste padte hain. Hedging ka kharcha hone ke baad bhi rates competitive rehte hain. Recently unhone Japanese banks jaise Sumitomo Mitsui Banking Corporation aur MUFG Bank se JPY-equivalent $400 million aur $300 million raise kiye hain.
Future mein, IRFC metro projects ko fund karne par bhi focus karega, aur World Bank jaise institutions ke saath co-financing ka bhi plan hai. East-West dedicated freight corridor aur naye bullet train initiatives mein bhi participation rahega.