Question
What is the significance of L&T Finance Holdings Ltd
merging its subsidiaries, and how does it impact the company's structure?Solution
The merger of L&T Finance Holdings Ltd with its three subsidiaries—L&T Finance Limited (LTF), L&T Infra Credit Limited (LTICL), and L&T Mutual Fund Trustee Limited—aims to streamline operations into a single lending entity. The significance lies in creating a simplified 'Single Lending Entity' where all lending businesses are consolidated under one Non-Banking Financial Company (NBFC), which is L&T Finance Holdings Ltd. This strategic move enhances operational efficiency, reduces complexity, and allows for better management of the lending portfolio. The merger, effective from December 4, signifies the company's commitment to a more consolidated and streamlined structure, potentially leading to improved synergy and performance across its lending businesses.
What will come in the place of '?' in the following equation, if '+' and '–' are interchanged and '×' and '+' are in interchanged?
66 × 11 ...
Seven people, A, B, C, D, E, F, and G, are sitting in a straight line, facing north. Only two people sit to the right of E. F sits third to the left of...
HJKN is related to EGHK in a certain way based on the English alphabetical order. In the same way, QSTW is related to NPQT. To which of the following is...
If the sign ‘×’ is interchanged with ‘÷’ and ‘–’ is interchanged with ‘+’, then what will be the value of the expression below?
...In this question, a question is followed by two statements numbered (I) and (II). You have to decide whether the data provided in the statements are suf...
In the following number-pairs, the second number is obtained by applying certain mathematical operations to the first number. Select the set in which th...
Which of the following numbers will replace the question mark (?) in the given series?
90, 110, 132, ? , 182
Select the option that represents the letters that, when placed from left to right in the blanks below, will complete the letter series.
A B C_A_...
In a certain code language, ‘ACCENT’ is coded as ‘CCATNE’. What is the code for ‘ VENDOR ’ in the code language?
...
Relevant for Exams:
