Pravesh Yadav Profile picture
Equities I Personal finance | Ex-ICICI Group I MDI Gurgaon I NIT Kurukshetra
Nov 24, 2022 16 tweets 5 min read
A thread on IRFC.

You may find something which you have not seen elsewhere.

As per agreement with Ministry of railways (MoR), IRFC is allowed to charge 0.35%/0.40% over its cost of funds.

#irfc Image (2/n)
Cost of Fund includes hedging costs also. Any gain/(loss) on unhedged portion is also pass through and included in the CoF for charging to MoR.

IRFC’s margin is protected at 0/35%/0.40%. neither more nor less is allowed by MoR. Image