Irfc credit rating
WebMay 11, 2024 · The ratings for Indian Railway Finance Corporation (IRFC) Ltd factor in its sovereign ownership (86.36% held by the Government of India (GoI) as on March 31, … WebJan 20, 2024 · International scale credit ratings of Sovereigns, Public Finance and Infrastructure issuers have a best-case rating upgrade scenario (defined as the 99th percentile of rating transitions, measured in a positive direction) of three notches over a three-year rating horizon; and a worst-case rating downgrade scenario (defined as the …
Irfc credit rating
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Web158 rows · The ratings reflect IRFC's strategic importance to its parent, the GoI, because of the company's status as the financing arm of Indian Railways (IR). The ratings also factor … WebFeb 18, 2024 · The international Credit Rating Agency Moody’s Investors Service is ICRA’s largest shareholder. For more information, visit www.icra.in . 10 ICRA Limited Corporate Office Building No. 8, 2nd Floor, Tower A; DLF Cyber City, Phase II; …
WebJan 18, 2024 · IRFC offers a competitive cost of borrowing since it has diversified sources of funding and has the strongest credit ratings in India It has performed consistently over the decades and has a cost-plus standard agreement with the Indian Railways that allows it to generate steady revenue WebNov 29, 2024 · The ratings could face negative pressure if: (1) IRFC's lease finance business with the MOR changes in such a way that the company's credit exposure extends beyond the MOR; (2) there is a change in the government's supportive stance toward IRFC; or (3) Moody's downgrades the sovereign's foreign-currency debt rating.
WebJan 18, 2024 · And IRFC has the highest possible credit ratings for an Indian issuer, both for domestic and international borrowings, given its diversified funding source. The company has received the... WebThe ratings also factor in IRFC’s strong financial fundamentals with consistently profitable operations, strong asset quality with history of nil non-performing assets (NPAs), comfortable capitalization profile and adequate liquidity position. ... marginal credit costs and overall profitability protected under lease agreement with MoR. For ...
WebJan 18, 2024 · And IRFC has the highest possible credit ratings for an Indian issuer, both for domestic and international borrowings, given its diversified funding source.
WebMar 26, 2009 · Credit Ratings IRFC maintains the highest possible ratings for an Indian issuer, reflecting its sound financials and special status as a wholly-Government owned Public Financial Institution: Foreign Currency Issuer Rating Outlook Effective Year Indian Railway Finance Corporation Ltd. Moody's Baa3 Stable 2004 Standard and Poors’ BBB- … boy kids with glassesWebApr 13, 2024 · Indian Railway Finance Corporation Ltd SECTOR : Finance BSE :543257 NSE : IRFC 12:00 16:00 26.00 27.00 1W 1M 3M 1Y 5Y Max 26.75 -0.21 (-0.78 %) BUY SELL SEP Company details Day Low Day High 26.50 26.95 52W Low 52W High 19.30 37.10 6M Return 21.59% 1Y Return 16.81% Mkt Cap. (Cr) 34,958.25 Volume 1,409,781 Div Yield 5.19% boy killed alligator disneyWebThe ratings factor in Indian Railway Finance Corporation’s (IRFC) sovereign ownership (wholly-owned by the Government of India; GoI), its strategic importance to the Ministry of Railways (MoR) as the sole arranger of lease finance, its stable ... low credit risk profile. The ratings also factor in IRFC’s adequate capitalisation in relation ... boy kid without shirtWebJCR Affirmed BBB+ (FC/LC) ratings on IRFC Feb. 24, 2016 JCR Affirmed BBB+ (FC/LC) ratings on IRFC Feb. 13, 2015 JCR Affirmed BBB+ (FC/LC) Ratings on IRFC; Revised … gvish examWebCredit Rating; Annual Reports; Investor Presentations and Transcripts; Shareholding Pattern; Debenture Trustee; Annual Return; Investor Contact; MOUs; Independent Directors Familiarization Programme; TDS Certificate; Bond Investors; Newspaper Publications; … gvis builders modular homesWebFeb 14, 2024 · The international Credit Rating Agency Moody’s Investors Service is ICRA’s largest shareholder. For more information, visit www.icra.in . 7 ICRA Limited Corporate Office Building No. 8, 2nd Floor, Tower A; DLF Cyber City, Phase II; … gvip softwareWebCARE believes that given IRFC’s position as a dedicated financing arm of IR, IRFC will maintain strategic importance for IR. With majority government ownership, timely support from GoI is expected to be forthcoming and any material change in the ownership of and/or support to IRFC will remain a key rating monitorable. gvishamt.vriddhionline.com