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Govt mulls stake sale in Indian Railway Finance Corp through OFS route: Report

Aug 17, 2023, at 07:39 am

New Delhi: The government is considering selling a portion of its stake in the state-owned Indian Railway Finance Corp (IRFC) during the current fiscal year through an offer for sale (OFS), a report in the media said.

IRFC and IIFCL sign MoU to solidify cooperation in financing railway infrastructure projects

Oct 13, 2022, at 11:26 pm

New Delhi/IBNS: Indian Railway Finance Corporation Ltd. (IRFC), a Schedule ‘A’/Miniratna Public Sector Enterprise (PSE) under the Ministry of Railways, signed a Memorandum of Understanding (MoU) with India Infrastructure Finance Company Ltd. (IIFCL), a PSE under the Ministry of Finance, to enhance cooperation in financing railway infrastructure projects with forward and backward linkages to the Indian Railways sector.

IRFC to raise $ 1.1 billion from Japanese lenders to finance Indian Railways' green initiatives: Report

Mar 14, 2022, at 04:25 am

New Delhi: Indian Railways Finance Corp (IRFC) has decided to raise $1.1 billion (about 130 billion yen, or Rs 8,440 crore) through a yen-denominated syndicated offshore loan to finance the green initiatives of the India Railways, ET reported.