VERIFIEDET Finance·26 May 2026positive

IRFC refinances Hyderabad metro's ₹13,527 crore debt

AI Summary

·Indian Railway Finance Corporation has signed a term loan agreement to refinance ₹13,527 crore debt for the Hyderabad Metro Rail project.
·This marks IRFC's entry into metro rail financing.
·The Hyderabad Metro project is expected to report a profit next year, with its earnings before interest, taxes, depreciation, and amortization already positive.