Indian Railway Finance Corporation Limited — Others, 25-06-2025: Security Cover Certificate
25-06-2025 | 11:42 am
25-06-2025 | 11:42 am
Indian Railway Finance Corporation Limited has announced a security cover certificate based on its audited financials for FY25. The company’s total secured debt stands at ₹2,25,343.09 lakh, backed by assets valued significantly higher, resulting in a strong pari-passu security cover ratio of 2.06. Major secured assets include loans and lease receivables related to funding/leasing to the Ministry of Railways, totaling over ₹4.64 lakh lakh. This robust asset coverage assures stakeholders of adequate collateral against the company’s debt securities, reflecting financial stability and creditworthiness.
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