Irfc News - Latest Updates & Headlines
With a revenue of over Rs 26,600 crore IRFC becomes India's third-largest government NBFC
New Delhi, March 5: With a revenue of over Rs 26,600 crore and a profit after tax exceeding Rs 6,400 crore as of March 31, 2024, Indian Railway Finance Corporation (IRFC), a key financial institution under the Ministry of Railways, becomes India's third-largest government NBFC.
Centre elevates IRCTC, IRFC to Navratna status
New Delhi, March 3: The Central government on Monday upgraded the Indian Railway Catering and Tourism Corporation (IRCTC) and Indian Railway Finance Corporation (IRFC) to the prestigious status of Navratna Central Public Sector Enterprises (CPSE) as the performance on key parameters such as net profit and net worth of the two companies have risen to meet the required eligibility criteria.
Centre grants Navratna status to IRCTC, IRFC
New Delhi, March 3: The central government has granted Navratna status to two companies -- Indian Railway Catering and Tourism Corporation (IRCTC) and Indian Railway Finance Corporation (IRFC), Department of Public Enterprises said in posts on X.