91st
Ranked
76,735
IRFC has funded Passenger Coaches
2,65,815
IRFC has financed Freight Wagons
Nil
NPA
INR 2,20,485 Crores
IRFC has funded
Project Assets
Indian Railway Finance Corporation (IRFC) is the dedicated funding arm of Indian Railways. The company was set up in December 1986 for mobilizing funds from domestic and overseas markets to meet the pre-dominant portion of Extra Budgetary Resources requirement of Indian Railways. IRFC is a Navratna Public Sector Enterprise under administrative control of Ministry of Railways, Government of India.
Read MoreNavratna status gives us freedom to fund anyone from railway ecosystem
With a revenue of over Rs 26,600 crore IRFC becomes India's third-largest government NBFC
IRFC and RITES Signs MOU to Strengthen Cooperation in Financing & Development of Railway Infrastructure Projects
IRFC signs MoU with IIFCL for co-financing Railway infrastructure projects
Indian Railway Finance Corporation (IRFC) is a Navratna Public Sector Enterprise under administrative control of the Ministry of Railways, Government of India.
The company was set up in December 1986 for mobilizing funds from domestic and overseas markets to meet the pre-dominant portion of Extra Budgetary Resources requirement of Indian Railways.
Since inception, IRFC has funded acquisition of 13,764 locomotives, 76,735 passenger coaches and 2,65,815 freight wagons. Our focused approach to supporting the expansion and modernisation of Indian Railways keeps us perfectly poised to make Indian Railways future-ready.
The company has played a critical role in augmenting the annual plan outlay of Indian Railways by way of mobilizing funds from all across the financial spectrum forming part of EBR funding.
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From the humble beginning in 1986, Indian Railway Finance Corporation has traversed a long way to establish its unique identity in the financial services sector of India.