IRFC Achieves Fifth Consecutive 'Excellent' DPE Rating

Indian Railway Finance Corporation Limited (IRFC), a Government of India Navratna CPSE, has received an "Excellent" rating from the Department of Public Enterprises (DPE) for the financial year 2024-2...

Indian Railway Finance Corporation Limited (IRFC), a Government of India Navratna CPSE, has received an "Excellent" rating from the Department of Public Enterprises (DPE) for the financial year 2024-25. This marks the fifth consecutive year IRFC has achieved the highest performance rating since its listing in FY 2020-21. This sustained recognition highlights IRFC's resilience against emerging challenges, its institutional strength, and consistent high performance. The rating underscores the company's strong governance, operational efficiency, and financial discipline. IRFC has continued to diversify its lending portfolio in a calibrated manner, aligning with its mandate and employing a whole-of-Government approach to improve efficiencies in railway-linked infrastructure financing. The Chairman & Managing Director stated that the "Excellent" rating is a strong endorsement of IRFC's institutional robustness, strategic clarity, and execution capabilities, especially as the organization transitions into its IRFC 2.0 phase. He noted that IRFC has already achieved its annual sanction guidance of ₹60,000 crore for FY 2025-26 by the end of Q3, demonstrating strong momentum and disciplined growth. The company remains committed to enhancing financing efficiency and supporting the railway ecosystem and related national infrastructure development.

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Why is Indian Railway Finance Corporation Limited in the news today?

Indian Railway Finance Corporation Limited (IRFC) is in the news due to the company has received its fifth consecutive 'excellent' rating from the dpe, indicating strong performance and governance, which is a positive development.

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IRFC Achieves Fifth Consecutive 'Excellent' DPE Rating

January 4, 2026, 06:21 AM

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Indian Railway Finance Corporation Limited (IRFC), a Government of India Navratna CPSE, has received an "Excellent" rating from the Department of Public Enterprises (DPE) for the financial year 2024-25. This marks the fifth consecutive year IRFC has achieved the highest performance rating since its listing in FY 2020-21.

This sustained recognition highlights IRFC's resilience against emerging challenges, its institutional strength, and consistent high performance. The rating underscores the company's strong governance, operational efficiency, and financial discipline. IRFC has continued to diversify its lending portfolio in a calibrated manner, aligning with its mandate and employing a whole-of-Government approach to improve efficiencies in railway-linked infrastructure financing.

The Chairman & Managing Director stated that the "Excellent" rating is a strong endorsement of IRFC's institutional robustness, strategic clarity, and execution capabilities, especially as the organization transitions into its IRFC 2.0 phase. He noted that IRFC has already achieved its annual sanction guidance of ₹60,000 crore for FY 2025-26 by the end of Q3, demonstrating strong momentum and disciplined growth. The company remains committed to enhancing financing efficiency and supporting the railway ecosystem and related national infrastructure development.

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