Mumbai, Feb. 25 -- Indian Railway Finance Corporation (IRFC) today signed a loan agreement with the consortium of Sumitomo Mitsui Banking Corporation GIFT City Branch and MUFG Bank Gift Branch in New Delhi for raising External Commercial Borrowing loan of JPY equivalent USD 400 million. This is the second ECB being raised by IRFC during this FY after it successfully raised JPY equivalent USD 300 million in December 2025.

Published by HT Digital Content Services with permission from Capital Market....