Financial Services - L&T Finance Holdings Limited (LTFH)

L&T Finance Holdings Limited (LTFH), a leading Non-Banking Financial Company (NBFC), offers a range of financial products and services through its subsidiary L&T Finance Ltd. (LTF) under the L&T Finance brand. Headquartered in Mumbai, the Company has been rated AAA — the highest credit rating for NBFCs — by four leading rating agencies. It has also received leadership scores and ratings by global and national Environmental, Social and Governance (ESG) rating providers for its sustainability performance. The Company has also won many prestigious awards for its flagship CSR project, ‘Digital Sakhi’, which focuses on women empowerment and digital and financial inclusion.

The Company’s focus on engaging in the ‘right businesses’ has helped it become one of the leading financiers in key retail products. LTF is focused on becoming a top-class, digitally enabled retail finance company by moving the emphasis from product focus to customer focus and establishing a robust retail portfolio with quality assets. The aim is to create a Fintech@ Scale while keeping ESG at the core. The Company has a database of over 2.1 crore customers, which is being leveraged to cross-sell, up-sell as well as identify new customers.


To be an admired and inspirational financial institution, creating sustainable value for all stakeholders

Lakshya 2026 Goals

To be a top-class, digitally-enabled, retail finance company moving from a ‘product-focused’ to a ‘customer-focused’ approach.

  • Retailization > 80% Retail growth > 25% CAGR
  • Asset Quality - GS3 <3% and NS3 <1%
  • Retail RoA 2.8 – 3%

Key Offerings

  • Rural Business Finance
    • Rural Group loans and Micro Finance
    • Farmer Finance
    • Farm Equipment Finance
  • Urban Finance
    • Home Loans & LAP
    • Consumer Loans
    • Two Wheeler Finance
    • SME Finance

Planet APP

  • Geo-agnostic PLANET (Personalised Lending Assisted NETwork) application


  • 28,000+ Partner Touchpoints
  • 21 Mn + Customers
  • 20 States
    (100+ Cities / Towns, ~2,00,000 villages)
  • 2 Union Territories
    (100+ Cities / Towns, ~2,00,000 villages)
  • 27,908 Employees

Achievements – as of Q1FY24

  • Retailization 82%, Retail growth 34 % YOY
  • Asset Quality - GS3 3.21% and NS3 0.70%
  • Retail RoA 3.8%
  • PLANET App crossed 3.9 million downloads


LTFH is making its mark as a responsible corporate citizen. The Company raised Social / Sustainability Linked Rupee Loan of Rs. 585 Crore in FY23, up 193 percent as against Rs. 200 crore in FY22.

The Company received a CDP score of ‘B’ in 2022, a significant improvement from its previous score of ‘D’; signifying that the Company is taking coordinated action on climate issues. It also retained Constituent of the FTSE4Good Index Series.

In the last fiscal, LTFH has been honoured with numerous prestigious awards like Business Sustainability award for Governance by Dun & Bradstreet India and have been named as ESG Champions of India 2023 in Dun & Bradstreet exclusive report.

In addition, the Company has received appreciation for Integrated Reporting in Service Sector Category by ICAI Sustainability Reporting Awards 2021- 22, Certificate of Appreciation by ICC Environment Excellence Awards 2022 and have been featured in the ‘List of Entities making a positive impact on environment’ by SABERA.

The flagship Corporate Social Responsibility (CSR) project of the Company – ‘Digital Sakhi’ women, who in turn promote women entrepreneurship and Digital Financial Literacy (DFL) in their communities. Since its inception in 2017, Digital Sakhi projects have created a cadre of 1,370 Digital Sakhis across 900+ villages who have helped upskill over 11,000 women entrepreneurs.

In FY23 alone, Digital Sakhis trained and empowered more than 11 Lakh people across 4 states on Digital Financial Literacy.

Other initiatives like planting 50,000 plus saplings under the Project Prakruti, capacity building of water user groups, and healthcare is making significant impact on the lives of thousands of beneficiaries and the society we live in.


Continues to deliver on the retailisation strategy

  • FY16 - 26%
  • FY20 - 40%
  • FY21 - 43%
  • FY22 - 51%
  • FY23 - 75%
  • Q1FY24 – 82%