microfinancetraining.com » L&T Finance to expand microfinance business http://microfinancetraining.com/blog Microfinance Training Academy Blog Sun, 25 Apr 2010 02:40:27 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 L&T Finance to expand microfinance business http://microfinancetraining.com/blog/2010/02/11/lt-finance-to-expand-microfinance-business/ http://microfinancetraining.com/blog/2010/02/11/lt-finance-to-expand-microfinance-business/#comments Thu, 11 Feb 2010 05:01:31 +0000 Microfinance Training http://microfinancetraining.com/blog/?p=94 Buoyed by the success rate of its microfinance business in the rural areas of Andhra Pradesh, Karnataka, Tamil Nadu and Maharashtra, L&T Finance, the financial services arm of Larsen & Toubro, is set to expand to Gujarat and Orissa over the next three months.

A team of microfinance professionals at L&T Retail Finance Group, which is in turn a part of L&T Finance, is assessing villages in other northern states, where the company plans to foray shortly.

“We are extremely happy with the growth of our microfinance business and we will very soon be present in almost every state,” said Dinanath Dubhashi, vice-president, L&T Retail Finance Group.

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