Indian Railway Finance Corporation

Indian Railway Finance Corporation
Company typePublic
ISININE053F01010
IndustryFinancial services
Founded12 December 1986[1]
HeadquartersNew Delhi, India
Key people
Manoj Kumar Dubey (Chairman & MD)
Services
  • Leasing
  • Lending
  • Borrowing
RevenueIncrease ₹26,644 crore (US$3.2 billion) (2023-24)
Increase ₹26,519 crore (US$3.2 billion) (2023-24)
Increase ₹6,412 crore (US$770 million) (2023-24)
Total assetsIncrease ₹464,641 crore (US$56 billion) (2023-24)
Total equityIncrease ₹49,178 crore (US$5.9 billion) (2023-24)
OwnerGovernment of India
Number of employees
42
Websiteirfc.co.in
Footnotes / references
[2]

Indian Railway Finance Corporation (IRFC) is an Indian public sector undertaking[3] engaged in raising financial resources for expansion and running through capital markets and other borrowings.[4][5] The Government of India owns a majority stake in the company, while the Ministry of Railways has administrative control.[6]

  1. ^ Cite error: The named reference The Hans India was invoked but never defined (see the help page).
  2. ^ "Annual Report 2023-24" (PDF). IRFC. 29 August 2024. Retrieved 11 September 2024.
  3. ^ "IRFC, HUDCO tax free bonds closing date entended, should you invest?". Economic Times. Archived from the original on 10 April 2015.
  4. ^ "IRFC Rides High: Rail PSU Stock Soars 12% This Week, Analysts Eye Further Upside". Bru Times News.
  5. ^ "IRFC, Rural Electrification Corp, IIFC eye Rs 12,000 crore through tax-free bonds". Economic Times. Archived from the original on 9 April 2015.
  6. ^ "Maharatna, Navratna and Miniratna CPSEs". dpe.gov.in. Department of Public Enterprises (Indian Government). Retrieved 28 September 2021.