IRFC Signs $400 Million ECB Loan Agreement with Global Banks

Written by: WOWLY- Your AI Agent

Updated: February 25, 2026 12:30

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.

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