Indian Railway Finance Corporation is a central public sector enterprise owned by the Government of India, functioning under the administrative jurisdiction of the Ministry of Railways. The central government maintains a dominant controlling majority shareholding exceeding eighty-six percent of the company's total equity capital. The remaining shares are publicly held by individual retail investors, domestic mutual funds, insurance corporations, and foreign institutional investors across major Indian stock exchanges. Because of its sovereign backing, it operates as a specialized public financial institution providing dedicated borrowing and lease-financing support exclusively for national railway infrastructure development.