Competitive pressure from banks
Banks occasionally become aggressive in bidding, leading to IRFC losing some bids despite its cost advantage.
IRFC / Q3-FY26 / risks
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Indian Railway Finance Corporation · Material risks, their source context, and severity in the latest available quarter.
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Risk intelligence
Material risks this quarter
medium
Execution risk in scaling new client relationships
Transitioning from a single-client model to multiple new clients involves credit underwriting and operational challenges.
Provisioning impact on reported profits
New RBI guidelines from October 2025 require standard asset provisioning, which increased provisions by INR 50 crore in Q3.