L&T Finance Holdings to cut structured finance book to Rs. 5,000 crore.
L&T Finance Holdings plans to scale down its portfolio of structured Finance and debt capital market book to around Rs. 5,000 crore by March 2020 from Rs. 7,400 crore now, as part of plans to exit these segments. This is part of defocused book.
In May, the company had announced plans to exit these areas.
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