| Railway Financing | Leasing rolling stock to MoR, infrastructure project loans, financing railway CPSUs. | Sovereign backing as Ministry of Railways’ financing arm; highest credit ratings; exclusive mandate to fund rail sector. | Government of India (Ministry of Railways) and associated railway entities (B2G predominantly). | Leasing segment with stable long-term lease rentals and secured loans to government entities. | 27152 | 100 | Interest and lease rentals from financial leasing, and interest from loan disbursements. | Financial leases typically for 30 years with fixed and nominal lease rentals; long-term loans at market rates. | Government's increasing capital outlay for railways, strategic policy initiatives like ‘Gati Shakti’, and portfolio diversification. | Financial Leasing of Rolling Stock, Infrastructure Project Financing |
