L & T Finance Holdings

L&T Finance Holdings Ltd. (LTFH) is a leading non-banking financial company (NBFC) that provides a wide range of financial products and services, including retail finance, wholesale finance, and investment management.

Founders: Part of the Larsen & Toubro Group, founded in 2008.

Business Model

LTFH operates through multiple segments.

Retail Finance

Offers loans for farm equipment, two-wheelers, consumer goods, home loans, and small and medium enterprise (SME) loans.

Wholesale Finance

Provides project finance and corporate finance primarily for infrastructure projects.

Investment Management: Manages mutual funds and private equity funds.

The company focuses on leveraging technology to enhance customer experience and operational efficiency while maintaining a strong presence across India with a vast network of branches.

Products and Services

Retail Loans (personal loans, vehicle loans, housing finance)

Wholesale Financing (infrastructure and real estate financing)

Investment Management (mutual funds and private equity)

Differentiation

 L&T Finance stands out due to its robust backing from the Larsen & Toubro Group, extensive product portfolio, strong asset quality, and commitment to sustainability. The recent merger of its subsidiaries into a single lending entity enhances operational efficiency and governance.

Recent Developments

As of December 4, 2023, L&T Finance Holdings completed the merger of its subsidiaries into a single entity to streamline operations and improve service delivery.