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Monday, September 17, 2018

L&T Infrastructure Finance Revises its Prime Lending Rate; Increases PLR by 25 Bps


L&T Infrastructure Finance Limited, a wholly owned subsidiary of L&T Finance Holdings Ltd, has announced a revision in its Prime Lending Rate (PLR). The company has increased the PLR by 25 bps to 16.00% from 15.75% for all eligible loans linked to PLR effective September 14, 2018. 

As on June 30, 2018, the wholesale finance loan book stands at Rs. 45,945 cr. with disbursements amounting to Rs. 8,665 cr. in Q1FY19. L&T Infrastructure Finance is the market leader in its focused areas of Infrastructure Finance - renewables, roads and transmission. The company’s strength lies in its strong underwriting ability, structuring and syndication capabilities and providing all infrastructure finance related services under one roof.
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