This is the official website of Indian Railway Finance Corporation, the financial arm of Indian Railways and it contains information about the objective of IRFC, its organization structure, its corporate strategy.
Established in 1987, Indian Railway Finance Corporation is a public limited company completely owned by GOI. It was incepted and is functioning as a dedicated finance arm of Indian railway to raise capital from the market to partial fund planned outlays of the railway for its development and operational needs. Funds raised by IRFC are the major source for Railways to acquire its rolling stocks and IRFC has financed more than two-thirds of railway’s rolling stock fleet at present. Repayment of loans taken by IRFC is committed by Railways which is sanctioned every year by the parliament. The company has been consistent with the dividend to its stakeholder and enjoys very good credit ratings from domestic and international credit rating agencies. Users can also see annual reports and unaudited financial results of previous years on the company’s website.
To Know more visit https://irfc.nic.in