Q1 Results: L&T Finance Reclassifies Its Structured Finance Business
L&T Finance plans to run down its structured finance and debt capital businesses over the next two years, says CEO Dinanath Dubhashi. (Photographer: Adam Ferguson/Bloomberg News)

Q1 Results: L&T Finance Reclassifies Its Structured Finance Business

L&T Finance Holdings Ltd. said it has classified its structured finance and debt capital market into a “defocused” book because of their higher risk and lower returns.“These are the businesses we d...
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