 "L&T Finance")
L&T Finance Holdings (LTFH), a subsidiary of Larsen & Toubro, plans to focus on increasing its retail loan book after it sold its mutual funds business to HSBC last year.
A senior company official said L&T Finance plans to increase its retail loan portfolio to 75 per cent of its total loan book by year-end and significantly reduce exposure to the wholesale book. L&T holds a 66.27 per cent stake in LTFH. L&T Finance Holdings is the holding company for the financial services business of the L&T group, which owns 100 per cent stake in its lending subsidiaries.
“We are expecting demand
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