L&T Finance's Retail Book Reaches New Heights with Rs. 1 Lakh Crore Milestone

L&T Finance Ltd. achieved a significant milestone with its retail book crossing Rs. 1 lakh crore, marking an 18% year-on-year growth. The company's strategic initiatives, including 'Project Nostradamus' and partnerships with big-tech firms like Google Pay, have driven this success. Significant enhancements in technology and customer-centric strategies are propelling its growth.

L&T Finance Ltd. has reached a notable milestone with its retail book surpassing Rs. 1 lakh crore, demonstrating an 18% year-on-year increase. The company reported its highest-ever quarterly retail disbursements at Rs. 18,883 crore, up 25% from the previous year for the quarter ending September 30, 2025.

In its pursuit of growth and innovation, L&T Finance rolled out the beta version of 'Project Nostradamus'—an AI-driven real-time portfolio management engine—earlier than scheduled. The firm is also enhancing its fintech presence through strategic partnerships with tech giants like Google Pay.

The significant upgrades in international credit ratings by S&P and Fitch provide L&T Finance with more opportunities to engage with global capital markets. The firm's commitment to technology and customer-centric strategies underscores its ambitious growth plan Lakshya 2026, aiming to expand its branch network nationwide.

(With inputs from agencies.)