L&T Finance Expands into Gold Loans with ₹1,350 Crore Acquisition

has completed the acquisition of Paul Merchants Finance’s gold loan business, adding a ₹1,350 crore gold loan book, 130 branches, and around 700 employees to its portfolio. This marks LTF’s formal entry into the gold loan segment, aiming to diversify its secured lending portfolio. The move allows LTF to tap into its existing customer base of 1.6 crore and utilise its 20,000-strong field team for cross-selling. While the acquisition aligns with its broader strategy for inorganic growth and product expansion, the actual impact on profitability, risk metrics, and integration efficiency will need to be monitored over time. Follow me for more such posts, Thank You! Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.