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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