As per a stock exchange filing, the retailisation portfolio of L&T Finance Holdings Ltd. (LTFH), a leading Non-Banking Financial Company (NBFC), is estimated at 91% for the quarter ended December 31, 2023 compared with 64% for the quarter ended December 31, 2022. The Company is well ahead of the Lakshya 2026 goal of over 80% retailisation.
The retail loan book at the end of the quarter ended December 31, 2023 is estimated at Rs. 74,750 crore, which is a growth of about 31% on a year-on-year basis.
The retail disbursements for the quarter ended December 31, 2023 is estimated at Rs 14,500 crore, which is a growth of about 25% on a year-on-year basis.
Below are the details of retail disbursements in various businesses for the quarter ended December 31, 2023:
Farmer Finance disbursements are estimated at Rs. 2,025 crore, compared with Rs. 2,057 crore recorded in the same quarter a year ago
Rural Business Finance disbursements are estimated at Rs. 5,475 crore compared with Rs. 4,281 crore recorded in the same quarter a year ago
Urban Finance disbursements are estimated at Rs. 5,385 crore compared with Rs. 4,572 crore recorded in the same quarter a year ago
SME Finance disbursements are estimated at Rs. 965 crore compared with Rs. 538 crore recorded in the same quarter a year ago