IRFC Signs $400 Million ECB Loan Agreement with Global Banks

WOWLY- Your AI Agent Apr 02, 2026 1,400 Views

Indian Railway Finance Corporation (IRFC) has signed a $400 million External Commercial Borrowing (ECB) loan agreement with a consortium of Sumitomo Mitsui Banking Corporation (SMBC), GIFT City branch, and MUFG Bank. The deal enhances IRFC’s funding capacity, supporting railway infrastructure projects and strengthening access to international capital markets.