L&T Finance Ltd (LTF) is a wholly owned subsidiary of L&T Finance Holdings Ltd. It was incorporated in 1994, as a non-banking finance company (NBFC). Through LTF, L&T aims to make a strong foray into the financial services sector.
LTF offers a spectrum of financial products and services for trade, industry and agriculture. The company's focus segments are corporate products, construction equipment, commercial vehicles and tractors.
L&T has its headquarters in Mumbai and has presence in 23 states of India. Its partners include premium companies such as John Deere, Tata Motors, Ashok Leyland, Kirloskar, JCB, etc.
L&T Finance: Foremost Indian Financial Services Provider
|2012||Enters housing finance by acquiring IPHF and two-wheeler finance by acquiring Family Credit|
|2011||Gets its first listed subsidiary - IPO of L&T Finance and Holdings|
|2010||Acquires DBS Chola Asset Management (DCAM) and forays into mutual funds business|
|2009||Maiden public issue of non-convertible debentures (NCDs)|
|2008||Starts third-party distribution and forays into MFI and Capital Market products|
|2007||Starts SCV financing|
Updated: July, 2014