Indian Railway Finance Corporation

Indian Railway Finance Corporation Indian Railway Finance Corporation (IRFC) is the dedicated financing arm of Indian Railways and a Navratna CPSE powering infrastructure growth across India.

7.8% GDP growth. India’s growth story gets stronger. 🇮🇳India’s 7.8% real GDP growth in Q1 FY 2026–27 is a reflection to ...
01/09/2026

7.8% GDP growth. India’s growth story gets stronger. 🇮🇳

India’s 7.8% real GDP growth in Q1 FY 2026–27 is a reflection to the resilience of our economy and the impact of reforms under the leadership of Hon’ble Prime Minister Shri Narendra Modi.

Despite global uncertainties, oil price shocks and supply-chain disruptions, India continues to move ahead with confidence and momentum.

At IRFC, we remain committed to powering the nation’s railway infrastructure and contributing to India’s growth journey.

जो खेलेगा, वो खिलेगा! 🇮🇳Hon’ble PM Shri Narendra Modi’s vision of making sports a way of life reflects the belief that a...
29/08/2026

जो खेलेगा, वो खिलेगा! 🇮🇳

Hon’ble PM Shri Narendra Modi’s vision of making sports a way of life reflects the belief that a sporting nation is a healthier, stronger and more confident nation.

At IRFC, this vision aligns with our commitment to nurturing a culture of fitness, discipline, teamwork and excellence, on and beyond the field.

This , let’s celebrate the spirit of sport and inspire more Indians to play, participate and flourish.

26/08/2026

Addressing IRFC’s valued stakeholders at the 39th AGM, CMD & CEO Shri Manoj Kumar Dubey reiterated that every penny financed by IRFC is directed towards strengthening the nation and advancing the vision of Hon’ble PM Shri Narendra Modi for a Viksit Bharat 2047.

He also placed on record his appreciation for the dedication and commitment of the entire IRFC team, while giving a clear call for the journey of IRFC 2.0 to keep rising—higher, stronger and with greater ambition.

Ministry of Railways, Government of India

“The question is not whether there is capital or whether there are projects. The real challenge is making projects banka...
26/08/2026

“The question is not whether there is capital or whether there are projects. The real challenge is making projects bankable.”

Speaking at the Infrastructure Today Conclave – Railways, organised by First Construction Council in association with Infrastructure Today and Construction World, Nav Goel, GM (Finance), IRFC, shared his perspective on the future of railway financing during the panel discussion, “Who Will Fund India’s Rail Expansion?”

He noted that railway capex has grown at around 10.9% CAGR over the past decade, reaching ₹2.93 lakh crore this year, making a broader capital ecosystem beyond traditional budgetary funding essential.

Drawing a parallel with RBCs (Red Blood Cells), he described IRFC’s evolving role as a Recycler of Capital, provider of Bespoke Solutions and Catalyst for capital aggregation.

The opportunity, he said, lies not just in new financial instruments, but in aligning the right assets and cash flows with the right instruments to channel capital more efficiently into railway infrastructure.

Ministry of Railways, Government of India Infrastructure Today

The 39th Annual General Meeting of Indian Railway Finance Corporation was held today, marking another milestone in the C...
25/08/2026

The 39th Annual General Meeting of Indian Railway Finance Corporation was held today, marking another milestone in the Company’s journey of financing India’s infrastructure growth.

The AGM reflected on IRFC’s strong performance in FY 2025–26, its growing role across the railway ecosystem and its strategic priorities for the years ahead.

With a strong balance sheet, zero-NPA track record and the greater autonomy of a Navratna CPSE, IRFC remains committed to creating long-term value for its shareholders while supporting the nation’s infrastructure ambitions.

Ministry of Railways, Government of India Department of Public Enterprises, Ministry of Finance, Government of India NSE India BSEIndia Pradeep Ahlawat

“IRFC 2.0 is about preparing the institution for the infrastructure opportunities of tomorrow. With our strengthened fin...
25/08/2026

“IRFC 2.0 is about preparing the institution for the infrastructure opportunities of tomorrow. With our strengthened financial capacity and Navratna status, we are well positioned to support railway infrastructure and strategically linked sectors, and contribute to India’s journey towards Viksit Bharat 2047.”

— Shri Manoj Kumar Dubey, CMD & CEO, IRFC, at the 39th Annual General Meeting.

Ministry of Railways, Government of India Department of Public Enterprises, Ministry of Finance, Government of India NSE India BSEIndia

FY 2025–26 was a breakthrough year for IRFC.Addressing shareholders at the 39th AGM, CMD & CEO Shri Manoj Dubey IRAS hig...
25/08/2026

FY 2025–26 was a breakthrough year for IRFC.

Addressing shareholders at the 39th AGM, CMD & CEO Shri Manoj Dubey IRAS highlighted the Company’s highest-ever Revenue of Rs 27,284.15 crore, PAT of Rs 7,009.17 crore, Net Worth of Rs 56,748.76 crore and AUM of Rs 4.85 lakh crore.

IRFC also maintained its pristine zero-NPA status while exceeding its annual guidance, with sanctions of ₹72,949 crore and disbursements of ₹35,067 crore.

A year of record performance, disciplined ex*****on and stronger foundations for the future.

Ministry of Railways, Government of India Department of Public Enterprises, Ministry of Finance, Government of India NSE India BSEIndia Pradeep Ahlawat

Welcoming new members to the IRFC Board!As IRFC continues to evolve as a leading infrastructure financier, the strength ...
20/08/2026

Welcoming new members to the IRFC Board!

As IRFC continues to evolve as a leading infrastructure financier, the strength of its Board is equally important in shaping the journey ahead.

We are pleased to welcome Shri Pradeep Ahlawat and Ms Manjula Mishra as Independent Directors on the Board of Indian Railway Finance Corporation.

With his experience in public affairs and stakeholder engagement, Shri Pradeep Ahlawat brings a valuable understanding of the public policy and institutional landscape. Ms Manjula Mishra, a first generation entrepreneur and leader in the MSME and manufacturing ecosystem, brings extensive experience from building and leading Holosafe Security Labels Pvt Ltd., along with her engagement with the wider MSME sector.

Their diverse experiences and perspectives will add strength to IRFC’s Board as the organisation looks ahead to its next phase of growth and continues to support India’s infrastructure ambitions.

"We're evolving from being purely a railway financier into a diversified infrastructure financing institution that keeps...
18/08/2026

"We're evolving from being purely a railway financier into a diversified infrastructure financing institution that keeps the railway at its centre, while extending our expertise to the power, logistics, ports and renewable energy sector integral to the national growth story,” says CMD Shri Manoj Kumar Dubey, as he explains the journey of this Navratna CPSE, IRFC 2.0 vision, and more in this interview with India Today

18/08/2026

हो गई है पीर पर्वत-सी पिघलनी चाहिए,
इस हिमालय से कोई गंगा निकलनी चाहिए।
मेरे सीने में नहीं तो तेरे सीने में सही,
हो कहीं भी आग, लेकिन आग जलनी चाहिए।

सीने में आग जरूर जलनी चाहिए, लेकिन वह ईर्ष्या और जलन की नहीं—देश के लिए कुछ कर गुजरने की होनी चाहिए।

हर मन में यह सवाल उठना चाहिए कि राष्ट्र निर्माण में मेरा योगदान क्या होगा?

जब यही संकल्प जन-जन के भीतर जलेगा, तभी बदलाव की एक नई गंगा निकलेगी।

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Wednesday 9am - 6pm
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