L&T Finance Holdings’ arm to get $100 million from AIIB for green energy funding

L&T Finance Holdings’ wholly owned subsidiary -- L&T Infrastructure Finance (LTIF) will receive loans of $100 million from Asian Infrastructure Investment Bank (AIIB) for wind and solar power infrastructure projects in India. This deal with LTIF marks the bank's first loan to a non-banking finance company.

L&T Finance Holdings is a financial holding company offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors, as well as mutual fund products and investment management services, through its direct and indirect wholly-owned subsidiaries.