IRFC to raise ECB loan worth USD 2 billion to finance large infra projects
Published on: May 24, 2026, 3:24 p.m. | Source: Daily Excelsior
NEW DELHI, May 24: State-owned Indian Railway Finance Corporation is planning to mobilise USD 2 billion through external commercial borrowing, primarily in Japanese yen, to fund business growth in the current financial year. The external commercial borrowing (ECB) is part of the Rs 70,000 crore resource mobilisation plan approved by the board of Indian Railway Finance Corporation (IRFC) for the ongoing financial year. “We have just signed a loan agreement with the consortium of banks for raising an External Commercial […]
