Indian Railway Finance Corporation Limited (IRFC) is a dedicated financial arm of the Indian Railways, established in 1986 as a public financial institution under the Companies Act. It plays a crucial role in supporting the expansion and modernization of the railway network by raising financial resources for meeting project requirements. The primary function of IRFC is to raise funds from domestic and international capital markets to finance the acquisition of rolling stock assets, including locomotives, coaches, wagons, and various other items of railway equipment. These funds are then utilized for leasing these assets to Indian Railways. One noteworthy aspect that sets IRFC apart from its competitors is its exclusive focus on financing projects related to Indian Railways. This specialization allows it to provide tailored financial solutions specifically designed for the unique needs of this sector. IRFC has been at the forefront in adopting innovative funding strategies such as green bonds – a type of fixed-income instrument specifically earmarked to raise money for climate and environmental projects. The company's commitment towards sustainable development makes it an attractive choice for investors seeking environmentally responsible investment opportunities within India’s infrastructure sector. In terms of collaborations and partnerships, IRFC has closely worked with various entities like banks, multilateral agencies, export credit agencies (ECAs), etc., both domestically and internationally. These collaborative efforts have contributed significantly towards fulfilling its funding requirements while ensuring cost-effective financing options. With its unwavering dedication towards serving the vital transportation needs of India through efficient financing solutions coupled with innovation in fundraising initiatives such as green bonds; Indian Railway Finance Corporation Limited stands out as a key player in enabling the growth and modernization endeavors within one of Asia's largest rail networks.