L&T Finance Ltd.

Credit rating agency, CARE has reaffirmed ‘A1+’ rating for L&T Finance Holdings’ short term debt facilities worth Rs 600 crore.

The rating factors the company’s well-diversified business profile in the financial sector through its direct & indirect subsidiaries that have a good presence and track record in segments like retail finance, corporate finance, infrastructure finance and asset management services as well as the profitability track record of its subsidiaries.

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.