Dinanath Dubhashi

As far as retail growth is concerned, you would see the target was 25% growth, and we have consistently achieved more than 30% growth, he said

L&T Finance Holdings was picked out for the scale and gender-inclusive work of its digital literacy initiative in rural India, Digital Sakhi

From being an almost crippled player with low RoE and plenty of bad-press till two years ago to one of the top five NBFCs now, L&T Finance has come a long way, thanks to the turnaround plan sewed up by the new management under chief executive Dinanath Dubhashi. In short, the financial services arm of engineering giant Larsen & Toubro had badly missed the bus and the bull- run that the industry had till last year, but fortunately moved up the ladder in the past six quarters. Today, L&T Finance Holdings is among the top five NBFCs with high return of equity (RoE) and one of the best in terms of asset quality and is among the top NBFCs in terms of market capitalisation. "To begin with we decided to be a pure-play NBFC as we were confused whether we are an NBFC or a bank. So, we'd to get the right business plan with the right structure in place that means less complexities, the right execution and the right people. To get this moving we had to ensure there's no .