L&T Finance Ltd - Company Profile
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L&T Finance Ltd, formerly L&T Finance Holdings Ltd (LTFH), a subsidiary of Larsen & Toubro Limited, is a non-deposit-taking and non-banking financial company that offers lending solutions. The company offers financing solutions for rural and urban customers. It offers financing for two-wheelers, consumer goods, homes, farm equipment, women entrepreneurs, rural groups, real estate, and infrastructure. It provides financing for small and medium enterprises through term loans and overdraft facilities. It also offers loans against property, business loans and professional loans. LTFH has operational presence in major cities, urban and semi-urban locations across India. LTFH is headquartered in Mumbai, Maharashtra, India.
L&T Finance Ltd premium industry data and analytics
Products and Services
Products | Services |
---|---|
Loans: | Loan servicing |
Consumer | |
Two-wheeler | |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | New Products/Services | In May, the company introduced the Complete Home Loan. |
2024 | New Products/Services | In May, the company launched its new TV commercials. |
2024 | Corporate Changes/Expansions | In March, the company changed its name to L&T Finance Limited. |
Competitor Comparison
Key Parameters | L&T Finance Ltd | Bajaj Finance Ltd | Reliance Capital Ltd | Mahindra & Mahindra Financial Services Ltd | IIFL Finance Ltd |
---|---|---|---|---|---|
Headquarters | India | India | India | India | India |
City | Mumbai | Pune | Mumbai | Mumbai | Mumbai |
State/Province | Maharashtra | Maharashtra | Maharashtra | Maharashtra | Maharashtra |
No. of Employees | 27,506 | 43,147 | 18,360 | 26,329 | 33,910 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Sudipta Roy | Chief Executive Officer; Director; Managing Director | Executive Board | 2024 | - |
Sachinn Joshi | Chief Financial Officer | Senior Management | - | - |
Vinay Chhawchharia | Chief Risk Officer | Senior Management | 2023 | - |
Abhishek Sharma | Chief Digital Officer | Senior Management | - | - |
Rupa Rege Nitsure | Chief Economist | Senior Management | 2015 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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