Categories: Business

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

MUMBAI:
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.

NE Reporter

Recent Posts

Up to 2,000 Gallons Oil May Spill into Gulf of Mexico as Barge Hits Bridge in US

HOUSTON:Up to 2,000 gallons of oil may have spilt into the Gulf of Mexico after…

3 days ago

Innovative Treatment at Apollo Adlux Hospital Saves Patient

KOCHI:Apollo Adlux Hospital, Angamaly successfully treated a critical case of a 65-year-old woman with a…

3 days ago

JSW One Platforms Hits the GMV Target Rate of US $1 Billion in FY24

MUMBAI:JSW One Platforms, the B2B e-commerce venture of JSW Group, crossed the US $ 1…

3 days ago

CEAT Unveils Transformed TATA IPL Strategic Timeout Board

MUMBAI:CEAT, India’s leading tyre manufacturers, announced a significant shift in its communication identity and strategy.…

3 days ago

ZEE Entertainment to Broadcast DP World ILT20 Season 3

KOCHI:Season 3 of the DP World International League T20 will begin from Saturday, 11 January…

3 days ago

Godrej Locks Recognized with ‘India Design Mark Award 2023’

MUMBAI:Godrej Locks & Architectural Fittings and Systems, a business unit of Godrej & Boyce, is…

3 days ago

This website uses cookies.