L&T Finance Holdings was originally incorporated as L&T Capital Holdings Limited on May 1, 2008 under the Companies Act, as a public limited company, to carry on the business of investment/finance. The company received the certificate of commencement of business on May 15, 2008. The company subsequently changed the name to L&T Finance Holdings Limited pursuant to a special resolution passed by the shareholders at a general meeting dated September 1, 2010. Pursuant to the change of name, a fresh certificate of incorporation was granted to the company by the Registrar of Companies on September 6, 2010. The company was registered with the RBI under Section 45-IA of the Reserve Bank of India Act, 1934, as a non-banking financial institution. The company is promoted by Larsen & Toubro Limited, one of the leading companies in India, with interests in engineering, construction, electrical and electronics manufacturing and services, information technology and financial services, as a holding company for its financial services business.

Business area of the company

L&T Finance Holdings is one of India’s most valued and fastest-growing Non-Banking Financial Companies (NBFCs). The company offers a diverse range of financial products and services in rural, housing and infrastructure finance sectors. It also offers Investment management services.

Products offered by the company

• Two wheeler Finance
  
• Housing Finance
  
• Farm equipment finance
  
• Mutual fund
  
• Infra finance
  
• Real estate finance
  
• Micro loans

Awards

• 2015: Association of Renewable Energy Agencies of States (AREAS)- An MNRE Body Award for ‘Promoting renewable energy and contributing towards energy equity, energy accessibility and sustainability in the country’.
• 2015: Achieved 6th position in Asian Private Banker League Table.
• 2015: Middleware Excellence award for ‘Effective usage of Mobile Cloud Service’ at Oracle Open World, San Francisco.
• 2016: Central Board of Irrigation & Power Awards (Govt. of India Organization) for ‘Best Finance Company in Renewable Energy at the annual’.
• 2017: Golden Peacock Award for ‘Risk Management’.
• 2017: Oracle Excellence Award for ‘Oracle Cloud Platform Innovation in Connect and Extend Applications with Mobile and Bots’.
• 2017: RE - Finance Awards for ‘Best Renewable Energy Financier of the Year 2017 for both the Solar and Wind Sector’.
• 2018: Golden Peacock Award for 'Excellence in Corporate Governance.
• 2018: L&T Finance Holdings featured in the Forbes India's Super 50 Companies 2018
• 2018: FINNOVITI 2018 Award for ‘SANGAM’, an Innovation in the two-wheeler business
• 2020: The Asset Triple A Asia Infrastructure Awards 2020 for Renewable Energy Acquisition Financing Deal of the Year.
• 2020: The Asset Triple A Asia Infrastructure Awards 2020 for Utility Deal of the Year
• 2020: FICCI Corporate Social Responsibility Award for ‘Women Empowerment’
• 2020: Golden Peacock Award for ‘Corporate Social Responsibility’
• 2020: 10th India Digital Awards for its flagship CSR initiative - Digital Sakhi

Milestones

• 2008- L&T Finance makes foray into Microfinance.
  
• 2008- L&T Finance commence distribution of financial products.
  
• 2008- L&T Finance starts financing of capital market products.
  
• 2009-2010-  L&T Finance taps retail sources to raise funds for the first time - successful back-to-back NCD issuances.
  
• 2010- L&T Finance acquires DBS Cholamandalam Asset Management Limited and DBS Cholamandalam Trustees Limited, foraying into mutual funds business L&T Infra receives 'Infrastructure Finance Company' status from RBI.
  
• 2011- L&T Finance Holdings has successfully completed the acquisition of Indo Pacific Housing Finance Ltd (IPHF)L&T Finance Holdings Ltd acquires FamilyCredit Ltd. from Societe Generale Consumer FinanceL&T Finance acquires DBS Cholamandalam Asset Management Limited and DBS Cholamandalam Trustees Limited, foraying into the mutual funds business.
  
• 2012- Acquisition of Fidelity's mutual fund business in IndiaEntry into 2-wheeler finance by acquiring family credit.
  
• 2013- Incorporated L&T capital markets-A platform for wealth management.
  
• 2013- L&T Finance Holdings has acquired auto finance company Family Credit Limited.
  
• 2017- L&T Finance Holdings launches Micro Loans business in Assam.
  
• 2017- L&T Finance Holdings launches Micro Loans business in Bihar.
• 2018- Centrum Acquires L&T Finances Supply Chain Finance Business.
• 2019- L&T Financial Services Launches Digital Sakhi in Tamil Nadu.
• 2019- L&T Finance Launches Sabse Khaas Loan for Two-Wheeler Customers.
• 2020- IIFL completes acquisition of L&T Finance's wealth management business.