{
Sudipta Roy

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}
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L&T Finance adopts cautious approach to rural business amid microcredit challenges

L&T Finance is adopting a cautious approach towards its rural business due to ongoing challenges in the microcredit sector, as stated by CEO Sudipta Roy. In the second quarter, rural finance disbursements fell by 5% year-on-year and 6% quarter-on-quarter, totaling Rs 5,435 crore, amid rising gross stage 3 loans.
Moneycontrol
Indian Rupee L&T Finance Limited IND Sudipta Roy
Finance & Economy, Market Report
13:27 23.10.2024
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