BANKING & FINANCE
IRFC Signs ₹12,842-Cr Refinancing Pact With Hindustan Urvarak Rasayan
Indian Railway Finance Corporation Ltd (IRFC), a Navratna CPSE under the Railways Ministry, has signed a rupee term loan agreement with Hindustan Urvarak and Rasayan Ltd (HURL) to refinance its existing long-term debt of up to ₹12,842 crore. The agreement marks one of IRFC’s largest refinancing transactions and underscores its evolving role beyond railway financing […]
CW Bureau
·
Mar 24, 2026
INFRASTRUCTURE
IRFC Raises $400 Million Yen-Linked ECB Deal, Second Loan In FY26
Indian Railway Finance Corporation (IRFC) has signed a loan agreement with a consortium comprising Sumitomo Mitsui Banking Corporation (SMBC) GIFT City Branch and MUFG Bank Ltd GIFT Branch to raise an External Commercial Borrowing (ECB) of JPY equivalent to $400 million. The agreement was signed in New Delhi by IRFC General Manager (Finance) Nav Goel […]
CW Bureau
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Feb 25, 2026
GENERAL
GoI To Divest Up To 4% In IRFC Via Open Offer; Sets Floor Price Of ₹104
Retail and non-retail investors will closely track the share price movement of Indian Railway Finance Corporation (IRFC) over the next two trading sessions, as the Government of India launches an Offer for Sale (OFS) to divest up to 2% stake, with a green shoe option to sell an additional 2%. The floor price for the […]
CW Bureau
·
Feb 25, 2026
