Indian Railway Finance Corporation (IRFC), a pivotal financial arm under the Ministry of Railways, has earned Navratna status, positioning itself as India’s third-largest government-owned non-banking financial company (NBFC). With a revenue surpassing Rs 26,600 crore and a profit over Rs 6,400 crore for the fiscal year ending March 31, 2024, IRFC stands out as a financial powerhouse.
