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106.050003 INR
0.65
0.61%
Last update May 8, 3:29 PM IST
Market closed
Day range
105.70000
106.95000
Previous close
106.70000
Open
106.80000
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Indian Railway Finance Corporation Ltd.
106.05
0.65
0.61%

Overview

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Description

Indian Railway Finance Corporation Ltd. is a public financial institution dedicated to supporting the funding requirements of the Indian Railways. Established in 1986, its primary function is to finance the acquisition of rolling stock assets and the development of infrastructure projects within the railway network. As a key player in the transportation finance sector, Indian Railway Finance Corporation Ltd. supports the modernization and expansion efforts of one of the world's largest and busiest rail networks. Through raising funds via bonds and other financial instruments in both domestic and international markets, it plays an instrumental role in facilitating efficient capital allocation. The corporation's operations have a significant impact on the infrastructure industry, ensuring sustainable growth and improvements in the railway sector. This strategic financial support fosters advancements that enhance efficiency and service quality, bolstering the overall economic development of India by maintaining a robust and responsive public transportation system.

About

CEO
Mr. Manoj Kumar Dubey
Employees
45
Address
East Tower, NBCC Place
UG-Floor Bhisham Pitamah Marg Pragati Vihar, Lodhi Road
New Delhi, 110003
Phone
91 11 2436 1480
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Credit Services
Country
India
MIC code
XBOM
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