Indian Railway Finance Corporation (IRFC) aims to raise $2 billion via external commercial borrowing in Japanese yen to support infrastructure growth this financial year.
This ECB is part of a ₹70,000 crore resource mobilization plan
May 24, 2026
04:05 pm
What's the storyIndian Railway Finance Corporation (IRFC), a state-owned entity, is gearing up to raise $2 billion through external commercial borrowing (ECB).
The funds will mainly be in Japanese yen and will be used to support business growth in the current financial year.
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