L&T Finance’s Retail Book Grows 18% On Year To ₹998 Billion In June Quarter

L&T Finance Ltd.'s retail loan book rose nearly 18% on year to ₹998 billion as of June 30, according to provisional data. Retail disbursements for the April–June quarter stood at ₹175.10 billion.

The company’s portfolio was 98% retail as of June 30, up from 95% a year ago. Urban finance accounted for the largest share of retail disbursements in the quarter at ₹68.50 billion.