L&T Finance receives first investment-grade ratings from S&P, Fitch
L&T Finance received first-time investment-grade credit ratings from S&P Global Ratings and Fitch Ratings on July 18, 2025.
S&P assigned a 'BBB-' long-term and 'A-3' short-term issuer credit rating with 'Positive' outlook. Fitch assigned 'BBB-' Long-Term Foreign and Local-Currency Issuer Default Ratings with 'Stable' outlook.
The ratings reflect L&T Finance's strategic importance as a subsidiary of the L&T group, which holds a 66.24% stake. The company's loan book reached INR 977.6 million with 97% allocated to retail segment.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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