Indian railway Finance Corporation (IRFC)

Question 1

What is IRFC ?

Answer 1

It is a dedicated Financing arm of Indian railways for mobilizing funds from domestic as well as overseas Capital markets

Question 2

Primary objective ?

Answer 2

To meet the predominant option of Extra Budgetary resources (EBR) requirement of Indian railways through market borrowings

Question 3

What type of an enterprise is it listed as ?

Answer 3

Public Sector Enterprise - Schedule A

Question 4

How is it registered under RBI ?

Answer 4

Systematically Important Non Deposit taking NBFC (NBFC-ND-SI) and Infrastructure Finance Company (NBFC-IFC)