Sanjay Kumar Jain, Chairman & MD of IRCTC, reported on the company’s performance. IRCTC operated 48 Vande Bharat trains out of 117 prepaid trains, significantly contributing to revenue. The e-catering and rail-based tourism packages saw exponential growth. Capacity for Rail Neer was increased by new plants. Profit margins saw a notable improvement, along with a significant profit growth.
Union Bank of India approves plan to raise up to Rs 20,000 crore via long-term bonds
Union Bank of India will raise funds through bond issuances. The bank’s committee approved long-term bonds worth twenty thousand crore rupees for infrastructure and affordable