Indian Railway Finance Corporation

Indian Railway Finance Corporation
Company typePublic
ISININE053F01010
IndustryFinancial services
Founded12 December 1986
HeadquartersNew Delhi, India
Key people
Manoj Kumar Dubey (Chairman & MD)
Services
  • Leasing
  • Lending
  • Borrowing
Revenue 26,644 crore (US$3.2 billion) (2023-24)
26,519 crore (US$3.1 billion) (2023-24)
6,412 crore (US$760 million) (2023-24)
Total assets 464,641 crore (US$55 billion) (2023-24)
Total equity 49,178 crore (US$5.8 billion) (2023-24)
OwnerGovernment of India (86.36%)
Number of employees
42
Websiteirfc.co.in
Footnotes / references

Indian Railway Finance Corporation (IRFC) is an Indian public sector undertaking (PSU) engaged in raising financial resources for expansion and running through capital markets and other borrowings. The Government of India owns a majority stake in the company, while the Ministry of Railways has administrative control. In March 2025, IRFC was given the Navaratna status by the Government of India, becoming the 26th PSU in this list.