L&T Finance will enter the gold loan business following the board's approval to acquire Paul Merchants Finance. The Rs 537 ...
Its Net Interest Margin + Fees & Other Income stood at 10.33 per cent for Q3Fy25 down from 10.93 per cent in Q3Fy24, according to Analysts presentation ...
L&T Finance ventures into gold loan business with ₹537-crore acquisition of Paul Merchants Finance
This acquisition, valued at ₹537 crore, marks the Larsen and Toubro Group NBFC's entry into the lucrative gold loan market, ...
Our Company was originally incorporated as L&T Capital Holdings Limited on May 1, 2008 under the Companies Act, as a public limited company, to carry on the business of investment/finance.
L&T Finance Holdings Ltd. (LTFH) is a financial holding company offering a focused range of financial products and services across rural, housing and wholesale finance sectors, as well as mutual ...
(REUTERS) Mumbai: L&T Finance Ltd posted record-high disbursements of retail loans in third quarter ended December, but its asset quality woes—especially in the lender’s microfinance and rural ...
L&T Finance shares dipped 3 per cent to hit an intra-day low of ₹140 on the NSE, a day after the company reported a 2.2 per cent decline in net profit for the quarter ended December 2024 at ...
Among others, shares of L&T Finance rose 2.4 per cent, shares of Mahindra & Mahindra Financial Services gained 2.95 per cent ...
L&T Finance acquires Paul Merchants Finance's gold loan business for ₹537 crore, expanding its secured loan portfolio.
L&T Finance added that the gold loan business undertaking will fill the gap of a secured high-yield product in the portfolio ...
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