Established on December 12th, 1986, Indian Railway Finance Corporation Limited (IRFC) is a Schedule ‘A’ Public Sector Enterprise under the administrative control of the Ministry of Railways, Govt. of India. The company's primary mission is to raise funds from domestic and international capital markets to meet the 'Extra Budgetary Resources' (EBR) requirement of the Indian Railways. These funds are used to finance the acquisition of rolling stock assets (such as locomotives, coaches, and wagons) and to support railway infrastructure projects, which are then leased to the Indian Railways.

Founded in

India