A legacy of over seven decades and
almost two decades in financial services
L&T - one of the
most widely-held listed companies with an uninterrupted dividend paying record
since 1946 - is both a household name in the country and a global infrastructure
giant. It is one of the largest and most respected companies in India’s private
sector and is among the top 20 companies in India based on market
capitalisation. But beneath this legacy, the L&T Group reflects values based
on integrity, transparency, professionalism and accountability. It is this value
system that underpins each one of our businesses - engineering, construction,
electrical and electronics, information technology and financial services.
L&T Finance Holdings Limited was incorporated by Larsen & Toubro
Limited (“L&T”) on May 1, 2008, with the strategic intent of holding all the
investments of the L&T Group in the financial services businesses. It was
registered with the Reserve Bank of India (“RBI”) under Section 45-IA of the
Reserve Bank of India Act, 1934, as a non-banking financial institution without
accepting public deposits.
L&T Finance Holdings Limited through its
subsidiaries is into the business of infrastructure finance, term loans/leases
to corporates, channel finance, financing of tractors, construction equipment
and commercial vehicles, micro-finance, auto-finance, housing finance,
investment management, portfolio management services, distribution of insurance
and mutual fund products.
(L&T Finance Holdings Limited is the
Sponsor of L&T Investment Management. L&T Financial Services comprises
financial products and services from the L&T Group of companies.)