L&T Finance is a wholly owned subsidiary of L&T Finance Holdings Ltd, the financial services arm of engineering giant Larsen & Toubro Ltd. About 54% of L&T Finance’s book consists of rural financing, 26% is wholesale financing and 18% is real estate financing. As of December 31, 2018, L&T Finance had assets under management of Rs 43,500 crore ($6.04 billion).
L&T Finance Holdings Ltd. is a NSE and BSE listed company and is also registered with RBI as an NBFC and CIC. It conducts its financial services businesses through various subsidiaries. L&T Financial Services is the brand name of L&T Finance Holdings Ltd.See more