Indian Railway Finance Corp Ltd (IRFC) is a financing arm of the Ministry of Railways of India. The company finances through short-term loans, external commercial borrowings, taxable bonds and institutional finance. It also finances through tax-free bonds, equity and free reserves and long-term rupee loans. IRFC raises money from the market to finance the plan outlay of railways and funding for locomotives, coaches and wagons. The company offers to lease for financing the rolling stock assets and project assets of railways. IRFC is headquartered in New Delhi, India.
Indian Railway Finance Corp Ltd premium industry data and analytics
Products and Services
Products | Services |
---|---|
Short Term Loans | Lending |
External Commercial Borrowings | Leasing |
Taxable Bonds | Borrowing |
Competitor Comparison
Key Parameters | Indian Railway Finance Corp Ltd | Power Finance Corp Ltd | Shriram Finance Ltd | LIC Housing Finance Ltd | Cholamandalam Investment and Finance Company Ltd |
---|---|---|---|---|---|
Headquarters | India | India | India | India | India |
City | New Delhi | New Delhi | Mumbai | Mumbai | Chennai |
State/Province | Delhi | Delhi | Maharashtra | Maharashtra | Tamil Nadu |
No. of Employees | 41 | 519 | 64,052 | 2,462 | 13,248 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Shelly Verma | Chairman; Director; Managing Director | Executive Board | - | - |
Sunil Kumar Goel | Chief Financial Officer | Senior Management | 2023 | - |
Pranav Kumar Mallick | Part-time Chief Vigilance Officer | Senior Management | 2023 | - |
Vijay Shirode | Compliance Officer; Secretary | Senior Management | 2018 | - |
NH Kannan | General Manager - Finance | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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