Search For "railway finance"
Govt launches OFS for IRFC at floor price of Rs 104, to dilute upto 4% sta
Updated : 2 months, 3 weeks ago IST
The Government of India has launched an Offer for Sale (OFS) for Indian Railway Finance Corporation (IRFC), aiming to dilute up to 4 per cent stake in the company, including a base offer of 2 per cent and an additional 2 per cent green shoe option, the company stated in an exchange filing.
Read More
IRFC bags fifth consecutive 'excellent' DPE rating, reinforcing financial
Updated : 5 months ago IST
This sustained recognition reflects IRFC's ability to withstand emerging challenges, maintain institutional strength, and deliver consistently high performance, while evolving its business model in line with its expanded mandate.
Read More
Lok Sabha Public Undertakings Committee led by Baijayant Panda presents fi
Updated : 10 months ago IST
The reports include two audit examinations related to the Shipping Corporation of India and Bharat Sanchar Nigam Limited (BSNL), and three Action Taken Reports pertaining to the comprehensive examination of Bharat Heavy Electricals Limited (BHEL), Indian Railway Finance Corporation (IRFC)
Read More
Fitch affirms stable outlook for state-owned financiers REC, PFC, IRFC
Updated : 1 year, 1 month ago IST
Fitch Ratings has affirmed stable outlook for three state-owned infrastructure financing companies -- REC Limited, Power Finance Corporation Ltd, and Indian Railway Finance Corporation Limited.
Read More
IRFC, NBCFDC and AIF Join Forces to Empower 500 Rural Women with Skills an
Updated : 1 year, 3 months ago IST
Nuh (Haryana) [India], February 20: In a groundbreaking initiative to empower rural women with sustainable livelihoods and financial independence, the American India Foundation (AIF), in collaboration with the Indian Railway Finance Corporation (IRFC) and the National Backward Classes Financ
Read More
Manoj Kumar Dubey takes charge as CMD & CEO of IRFC
Updated : 1 year, 8 months ago IST
Indian Railway Finance Corporation (IRFC), a Schedule A Miniratna public sector enterprise under the Ministry of Railways, has announced the appointment of Manoj Kumar Dubey, a 1993-batch Indian Railway Accounts Service (IRAS) officer, as its Chairman & Managing Director (CMD) and Chief
Read More
CBI registers FIR against former CMD of Indian Railway Finance Corporation
Updated : 2 years, 9 months ago IST
The FIR into the matter reads that CBI has received a complaint that alleges financial embezzlement on the part of officials of IRFC including Amitabha Banerjee the then CMD of IRFC (Indian Railway Finance Corporation) in connection with procurement/purchase and distribution of exorbitant
Read More
Delhi HC issues notice to National Commission for Scheduled Tribes on IRFC
Updated : 4 years, 3 months ago IST
New Delhi [India], February 28 (ANI): The Delhi High court has issued a notice to the National Commission for Scheduled Tribes (NCST) on the plea moved by the Indian Railway Finance Corporation (IRFCL). The IRFCL has challenged the two summons issued by NCST on a complaint pertaining to serv
Read More
Cyril Amarchand Mangaldas advises on the USD 500 million Foreign Currency
Updated : 4 years, 3 months ago IST
Mumbai (Maharashtra)/ New Delhi [India], February 23 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised the Bankers in relation to the USD 500 million offshore fundraising by Indian Railway Finance Corporation Limited (IRFC) by way of foreign currency Climate Bonds, under its USD 7 billion Gl
Read More
IRFC clocks profit of Rs 1,502 crore in Q1
Updated : 4 years, 9 months ago IST
New Delhi [India], Aug 14 (ANI): Indian Railway Finance Corporation (IRFC) has posted profit growth of 68 per cent for Q1 FY22 at Rs 1,502 crore vis-a-vis Rs 892 crore in the same period of last year.
Read More
IRFC posts 126 pc jump in Q4 net profit at Rs 1,483 crore
Updated : 4 years, 11 months ago IST
New Delhi [India], June 30 (ANI): Indian Railway Finance Corporation (IRFC) on Wednesday reported 126 per cent growth in the profit for Q4 FY21 at Rs 1,483 crore as compared to Rs 655 crore reported in the same period of previous fiscal.
Read More
Fitch affirms Indian Railway Finance Corp at BBB-minus
Updated : 5 years ago IST
Hong Kong, May 27 (ANI): Fitch Ratings has affirmed Indian Railway Finance Corporation Ltd's (IRFC's) long-term foreign and local currency issuer default ratings at BBB-minus.
Read More