L&T Finance Ltd.

BSE: 533519 | NSE: LTF
Mid Cap | Finance - NBFC
305.15
-0.60 (-0.20%)
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L&T Finance Holdings plans to raise Rs 400 crore from de-focussed products portfolio

Date: 17-01-2017

L&T Finance Holdings (LTFH) is reportedly planning to garner around Rs 400 crore by selling loans from its ‘de-focussed products portfolio,’ which comprises car, three-wheeler and commercial vehicle loans.

LTFH, which is the flagship holding company of the financial services business of the L&T Group, has been running down its de-focussed products with no additional disbursements in this financial year.

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.