Indian Railway Finance Corporation
BSE: 543257 | NSE: IRFC | ISIN: INE053F01010 | SECTOR: Rental & LeasingOpen
149.00High
150.40Low
147.50Prev Close
147.70P/E
-Median P/E
-P/B
-Median P/B
-Market Cap
1,946.55BVolume
3.29MVol. (20 day Avg.)
0PEG
-Div.Yield
-Bid
149.40Ask
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Company Description
- Rental & Leasing
BSE
543257NSE
IRFCISIN
INE053F01010
Indian Railway Finance Corporation Limited is an India-based financing arm of the Indian railways. The Company operates through the Leasing and Finance segment. The Company’s principal business is to borrow funds from the financial markets to finance the acquisition / creation of assets, which are then leased out to the Indian Railways as finance lease. The Company’s main business is to finance the acquisition of rolling stock assets, leasing of railway infrastructure assets, and lending to other entities under the Ministry of Railways (MoR). It uses a leasing approach to fund Indian Railways' Rolling stock and project assets. It lends funds to MoR and other Railway Entities in order to fuel their growth plan. It also provides loans to Rail Vikas Nigam Limited (RVNL) and IRCON. It raises funds from various sources, including term loans and bonds from domestic and international market.
Company Officers
Uma Ranade
Executive Chairman of the Board, Managing Director (Additional Charge)Sunil Goel
Chief Financial OfficerShelly Verma
Director - FinanceVijay Shirode
Chief Compliance Officer, Company SecretarySanjay Lain
Chief Compliance Officer