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Indian Railway Finance Corporation

State-owned · HQ India

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Kind
Funder / investor
Markets
1
Positions held
0

Indian Railways' dedicated financier, now lending to metros.

Kind
Funder / investor
Headquarters
India
Ownership
State-owned
Segments
Financing
Present in
India

Footprint

India

KindWhereDetailSources
HeadquartersDelhi-NCR, TelanganaNew Delhi; Ministry of Railways financing arm (listed) — leases ~70% of IR rolling stock; ₹13,615 cr HMRL refinance (2026)
  • ● Indian Railway Finance Corporation · Company home (financing arm of Indian Railways) (checked 2026-09-06)
  • ● Government of India — Integrated Government Online Directory · Ministry of Railways: PSUs / JVs / Companies (checked 2026-09-06)
  • ● HMRL (official) · Tenders — GC RfP for Phase II Corridors IV/V/VI/VIII (63 km), open 2026-08-12 to 2026-09-17 (published 2026-08 · checked 2026-08-20)
  • ○ Deccan Herald · L&T exits Hyderabad Metro; Telangana government takes full control (90% stake, ₹1,461.47 cr, ₹13,538 cr debt) (published 2026-05 · checked 2026-08-20)
  • ○ ETV Bharat · Hyderabad Metro signs ₹13,600 cr refinance pact with IRFC (2026-05-25) (published 2026-05-25 · checked 2026-08-20)
  • ○ Metro Rail Today · Telangana Govt approves ₹13,615 cr IRFC loan to take over Hyderabad Metro from L&T (published 2026 · checked 2026-08-20)
  • ● HMRL (official) · Hyderabad Metro Plans 60 New Coaches (published 2026 · checked 2026-08-20)
  • ○ ETV Bharat · Hyderabad Metro formal takeover by April 30 — ≈₹1,385 cr approved for mobilisation through HMDA as project equity (published 2026-04-24 · checked 2026-08-20)
  • ○ Business Standard · IRFC refinances ₹13,527 cr Hyderabad Metro debt after L&T exit (published 2026-05 · checked 2026-08-20)

Ownership and structure

  • owned by Railway Board — Ministry of Railways public sector undertaking (administrative control) (active)
Sources for these relationships (1)

Positions held

No positions recorded yet. The footprint is sourced from Indian Railway Finance Corporation; if you hold a sourced contract with a buyer in the Atlas, suggest a correction.

Competes with

Other funder / investor players present in the same markets.

PlayerHQMarketsPositions
ADBPhilippinesIndia0
AIIBChinaIndia0
JICAJapanIndia0
KfWGermanyIndia0
NDBChinaIndia0
World BankUnited StatesIndia0
1 source · primary

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Compiled by Watchtower to editorial standards the Managing Partner sets and enforces. Public record only — every datum carries its source.