IRFC Extends ₹9,821-Cr Loan to DFCCIL for World Bank Debt Refinancing
Published on: Dec. 24, 2025, 9:58 p.m. | Source: scanx.trade
Indian Railway Finance Corporation (IRFC) has extended a ₹9,821 crore loan to Dedicated Freight Corridor Corporation of India Limited (DFCCIL) to refinance its World Bank foreign currency debt. The loan agreement, signed at the Railway Board headquarters in New Delhi, transitions the Eastern Dedicated Freight Corridor project's financing from foreign currency to rupee-denominated. This move aims to reduce exchange rate risk, improve financial efficiencies, and showcases the growing capability of Indian financial institutions to support major infrastructure projects through domestic funding.
