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.
Which of the following is incorrect with reference to Peaty soil?
What is the interval between two high tides ?
Which of the following is incorrect regarding Lakshadweep islands?
Rani Jhansi Marine National Park’ (RJMNP) is situated in _____________.
If you pass through this region, you are most likely to find tall grasslands, scrub savannah, sal forests clay rich swamps and high biological diversity...
These are longitudinal valleys formed as a result of folding. Overtime these have been filled with alluvium brought down by Himalayan rivers. The region...
Which of the following statements is incorrect with reference to Malda fault?
Arrange the following west flowing rivers from north to south.
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3. Kajavi River
4. Ambika ...
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The World Deepest trench ‘Mariana Trench ’ is found in?