-0.60 (-0.20%) L&T Finance Holdings’ (LTFH) wholly owned subsidiary -- L&T Finance (LTF) is exploring inorganic structures to exit the real estate projects lending business or at least reduce its exposure in the segment by partnering with other financiers. The company is also looking to partner with dedicated funds to create a platform which will commit funds to the infrastructure projects. This will help the company in eventually bringing down its loan book in the segment.
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.