IRFC

IRFC is AAA rated Public Sector Enterprise under the administrative control of the Ministry of Railways, Govt. of India. In more than 30 years of existence, IRFC has played a significant role in the expansion of the Indian Railways. IRFC’s cumulative funding to rail sector has crossed Rs.2.20 lakh crore by the end of March, 2018 in compare to 31st March, 2017 which was Rs.1.80 lakh crore. The funds are utilized for building up infrastructure, constituting significant part of annual capital expenditure of Indian Railways. The Company has been assigned the additional task of funding Railway Projects through Institutional Finance to the extent of Rs.1.50 Lakh Crore by 2019-20.