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IRFC FUNDING
Stocks in news: Premier Energies, Suzlon Energy, Paytm, Hindalco, ONGCIndian markets saw a strong rebound on Monday. The Nifty index surpassed 24,000 and is expected to move higher. Premier Energies saw a larg...
IRFC signs Rs 13,527 crore loan agreement with Hyderabad Metro for debt refinancingIRFC will provide a Rs 13,527 crore loan to Hyderabad Metro Rail. This refinancing will help clear debt obligations. IRFC expects to fund m...
IRFC to raise ECB loan worth $2 billion to finance large infra projectsIndian Railway Finance Corporation is set to raise USD 2 billion through external commercial borrowing. This funding will primarily be in J...
Bengaluru Suburban Railway project progressing, says Ashwini VaishnawThe Bengaluru Suburban Railway Project is making strides across all four routes; with land acquisition finalised for two lines, constructio...
Loans likely to cross Rs 1 lakh cr milestone in FY27: IRFC CMDIndian Railway Finance Corporation (IRFC) aims to sanction Rs 1 lakh crore in loans this financial year, with plans to raise Rs 70,000 cror...
IRFC Q4 Results: Co posts muted profit growth at Rs 1,684 crore, revenue rises 9% YoYIndian Railway Finance Corporation reported a largely flat Q4FY26 performance, with net profit inching up to Rs 1,684 crore from Rs 1,682 c...
Govt to skip green shoe option as IRFC OFS not fully subscribedGovernment will not exercise the oversubscription option for the Indian Railway Finance Corporation (IRFC) offer for sale (OFS) after the i...
Govt to divest up to 4% stake in IRFC via OFS starting Wednesday, sets floor price at Rs 104 per shareGovernment will sell up to 4% stake in Indian Railway Finance Corporation (IRFC) via an offer for sale (OFS) which opens on Wednesday for n...
IRFC raises Rs 2,981 cr via maiden zero-coupon bond issuanceThe issue received an overwhelming response, with bids of over Rs 7,500 crore against a base size of Rs 1,000 crore and a green-shoe option...
IRFC shares rise 3% as firm eyes higher margins from non-Railway lendingIRFC plans to boost margins by expanding lending beyond railway projects, exploring metro financing and refinancing World Bank loans. The P...
IRFC eyes improved margins from non-Railway lendingIndian Railways Finance Corporation (IRFC) plans to improve net interest margins by lending to non-railway projects such as metro systems a...
Navratna status gives us freedom to fund anyone from railway ecosystem: IRFCIndian Railway Finance Corporation (IRFC) has earned Navratna status, allowing it to finance companies across the rail eco-system beyond In...
With a revenue of over Rs 26,600 crore IRFC becomes India's third-largest government NBFCIndian Railway Finance Corporation (IRFC) has been awarded Navratna status by the Government of India, marking its significant financial ac...
IRFC IPO likely by December-end, to fetch about Rs 500-1,000 croreIRFC raises funds from capital markets for funding expansion plans of the Indian Railways.
Govt targets IRCTC, IRFC IPOs by Sept, to raise Rs 1,500 croreIRCTC IPO could fetch about Rs 500 crore, while IRFC could garner close to Rs 1,000 crore.
LIC will invest up to Rs 26,000 crore in IRFC“IRFC will issue bonds to LIC to ... meet its borrowing requirements. The cost of borrowing looks cheap compared to other market rates,” .
IRFC in talks with government for sovereign guarantee to bondsIndian Railways had signed a memorandum of understanding in March 2015 with the state-run insurer to seek Rs 1.5 lakh crore over a period o...
IRFC hopeful of raising Rs 1,000 crore from capital gains bondsIRFC is among the four institutions authorised by the Finance Ministry to issue such bonds.
- IRFC likely to raise another Rs 1,500 cr by this fiscal year end
The funds raised through the issue will be utilised to finance the acquisition of rolling stocks like coaches, locomotives, engines etc. wh...
- IRFC plans retail push for Rs 3k cr tax-free bonds
IRFC is the only entity to obtain permission from the finance ministry to float tax-free bonds during the current financial year.