What is the significance of L&T Finance Holdings Ltd merging its subsidiaries, and how does it impact the company's structure?
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.
During the construction of the 3D post office building in Bangalore, which institution or organization provided technical guidance to Larsen & Toubro?
What is the total FDI limit allowed in Pension Fund under NPS?
The 3rd edition of Khelo India Youth games was organized by which state?
...The unit in which Electric Conductance is measured is _________.
Union Home Minister Amit Shah inaugurated three floating BOPs (border outposts) in the riverine border areas of West Bengal. What are the names of the B...
How many languages are currently approved in the Indian Constitution?
First State of Global Water Resources report is published by __________ in order to assess the effects of climate, environmental and societal change on ...
The absolute refractive index of ______ is 2.42.
Which machine is used to accelerate charged particles or ions in high energy?
A train crosses two platforms of length 1000 m and 600 m in 80 seconds and 60 seconds, respectively. What is the length of the train?