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SFP RESEARCH

17th Jan · SEBI-Registered Analyst

L&T Finance Holdings Ltd.

LTF
is an NBFC focused on rural, housing, infra, and retail loans, undergoing a strategic refocus to retail. ​ It has been exiting wholesale/infrastructure book to improve asset quality and ROE. ​ Capital position and parent brand support funding, while retailization should de‑risk the profile. ​ Risks are execution of portfolio reshaping, credit costs in rural portfolio, and competition from banks. ​

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