L&T Finance’s rural loan book size is about Rs 25,600 crore with nearly half of it (Rs 12,500 crore) coming from micro loan vertical.
Non-bank lender, L&T Finance is planning to expand its microfinance business in Punjab, Haryana and Uttar Pradesh as it aims to grow the microloan vertical at 20-25 %.
L&T Finance’s farm equipment loan book was Rs 5,739 crore while two-wheeler loan was Rs 7,362 crore at the end of March 2019.
They Follow the strategy – growth, margin and asset quality with primacy always going to asset quality.
- : chennai
- : tamilnadu
- : India