Indian Railway Finance Corporation Holds ECB Roadshow in Singapore
RAILWAYS & METRO RAIL

Indian Railway Finance Corporation Holds ECB Roadshow in Singapore

Indian Railway Finance Corporation (IRFC) conducted a two-day external commercial borrowing roadshow in Singapore on second and third March 2026 led by senior general managers Ajay Swami and Rakhi Dua. The delegation sought to enhance access to diversified pools of global capital required to fund the country’s infrastructure growth through IRFC. The roadshow targeted Japanese and Taiwanese regional investors with offices in Singapore and comprised one-on-one meetings and structured engagements. The exercise formed part of a broader strategy to mobilise long-term funds at competitive rates.

During meetings the delegation outlined IRFC’s two point zero version which extends funding beyond core railway projects to the entire railway ecosystem and related infrastructure. It emphasised sovereign linkages, nil NPA status, low operating cost and a consistent track record as factors that position IRFC favourably to finance railway expansion competitively. Investors received information on diversification into high quality public sector undertakings and infrastructure exposures beyond the Ministry of Railways. The details aimed to convey the corporation’s balanced approach to risk and customer base expansion.

The delegation noted that the diversification strategy includes funding for dedicated freight corridors, metro rails and ports while maintaining strong links with the Ministry of Railways. Mandated lead arrangers Sumitomo Mitsui Banking Corporation and Mitsubishi UFJ Financial Group supported the campaign and facilitated structured investor engagements across the Singapore market. Potential lenders engaged actively and sought details on IRFC’s credit profile, business strategy and future borrowing plans. The interactions reinforced investor confidence and interest in future external commercial borrowing transactions.

The successful completion of the Singapore roadshow is expected to strengthen IRFC’s presence within Singapore and extend its regional investor base, thereby supporting the corporation’s objective of securing cost effective diversified funding lines to meet financing requirements for future growth. The delegation reported assurances from participants that they would consider supporting IRFC’s future external commercial borrowing and that the engagements had increased clarity on the corporation’s strategic direction. The outcome is anticipated to support access to long tenured funds under favourable terms.

Indian Railway Finance Corporation (IRFC) conducted a two-day external commercial borrowing roadshow in Singapore on second and third March 2026 led by senior general managers Ajay Swami and Rakhi Dua. The delegation sought to enhance access to diversified pools of global capital required to fund the country’s infrastructure growth through IRFC. The roadshow targeted Japanese and Taiwanese regional investors with offices in Singapore and comprised one-on-one meetings and structured engagements. The exercise formed part of a broader strategy to mobilise long-term funds at competitive rates. During meetings the delegation outlined IRFC’s two point zero version which extends funding beyond core railway projects to the entire railway ecosystem and related infrastructure. It emphasised sovereign linkages, nil NPA status, low operating cost and a consistent track record as factors that position IRFC favourably to finance railway expansion competitively. Investors received information on diversification into high quality public sector undertakings and infrastructure exposures beyond the Ministry of Railways. The details aimed to convey the corporation’s balanced approach to risk and customer base expansion. The delegation noted that the diversification strategy includes funding for dedicated freight corridors, metro rails and ports while maintaining strong links with the Ministry of Railways. Mandated lead arrangers Sumitomo Mitsui Banking Corporation and Mitsubishi UFJ Financial Group supported the campaign and facilitated structured investor engagements across the Singapore market. Potential lenders engaged actively and sought details on IRFC’s credit profile, business strategy and future borrowing plans. The interactions reinforced investor confidence and interest in future external commercial borrowing transactions. The successful completion of the Singapore roadshow is expected to strengthen IRFC’s presence within Singapore and extend its regional investor base, thereby supporting the corporation’s objective of securing cost effective diversified funding lines to meet financing requirements for future growth. The delegation reported assurances from participants that they would consider supporting IRFC’s future external commercial borrowing and that the engagements had increased clarity on the corporation’s strategic direction. The outcome is anticipated to support access to long tenured funds under favourable terms.

Next Story
Real Estate

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

Next Story
Infrastructure Transport

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Next Story
Technology

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement