The agreement was executed today, December 2, marking IRFC’s return to the ECB market after more than three years. Shares of Indian Railway Finance Corp Ltd ended at ₹116.40, down by ₹0.65, or 0.56%, on the BSE today.

million loan from Sumitomo Mitsui Banking Corporation

IRFC Secures $300 Million Loan from Sumitomo Mitsui Banking Corporation

Indian Railway Finance Corp Ltd (IRFC) has signed a loan agreement with Sumitomo Mitsui Banking Corporation, marking its return to the ECB market after more than three years.

The agreement was executed on December 2, 2025, and the loan amount of $300 million will be used to finance projects with forward or backward linkages to the railway sector or other approved projects.

Loan Details

Loan Amount: $300 million
Loan Tenure: Five years
Benchmark: Overnight TONAR (Tokyo overnight average rate)
Status: Unsecured, loan amount yet to be availed

Impact on IRFC Shares

Shares of Indian Railway Finance Corp Ltd ended at ₹116.40, down by ₹0.65, or 0.56%, on the BSE today, December 2.

Agreement Signing

The agreement was signed in the presence of IRFC officials, including Deepa Kotnis, Executive Director (Finance), Rakhi Dua, Senior General Manager (Finance), and representatives from Sumitomo Mitsui Banking Corporation.

Key Points

No shareholding involved with the lender
Transaction does not fall under related party transactions
No special rights granted to the lender, such as board representation or control over capital structure