Indian Railway Finance Corporation (IRFC) successfully concluded a two-day External Commercial Borrowing (ECB) roadshow in Taipei, Taiwan, and Hong Kong, aimed at engaging Asia Pacific investors for funding diversification.
The roadshow, held on 10th and 11th March 2026, was led by senior IRFC executives, including Executive Director (HR) Mr. Manish Chandra, Chief General Manager (Admin) Mr. Shwet Ketu Mishra, and General Manager (Finance) Mr. Nav Goel. The initiative sought to broaden IRFC’s lender base and access diversified global capital pools to support India’s infrastructure growth, particularly in railway projects.
During the event, IRFC highlighted its strategic diversification into funding infrastructure projects linked to the railways, emphasising its strong sovereign linkages, NIL NPA status, and low operating costs. Investors showed interest in IRFC’s diversification into high-quality PSU and infrastructure exposures beyond the Ministry of Railways, including funding for dedicated freight corridors, Metro Rails, and Ports.
The roadshow was supported by Sumitomo Mitsui Banking Corporation and Mitsubishi UFJ Trust and Banking Corporation, who facilitated investor engagements. Potential lenders expressed confidence in IRFC’s credit profile and business strategy, indicating support for future ECB borrowings.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).