 "L&T Finance")
L&T Finance Holdings, a subsidiary of construction major L&T, is planning to divest its real estate and infrastructure books in order to pare debt and focus on retail customers.
The financial services company is in talks with several banks, including State Bank of India (SBI), to divest a part of its books.
The real estate book of L&T Finance shrank to Rs 11,210 crore while the infrastructure finance book fell to Rs 30,521 crore as on March 2022. The realty finance book was Rs 12,945 crore and infrastructure finance book was Rs 37,543 crore during the financial year ending March 2021.
“L&T Finance
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