L&T Finance’s ₹537 Cr Gold Loan Expansion: A Strategic Leap into High-Yield Lending

Unknown Apr 02, 2026 900 Views

L&T Finance Ltd. has officially completed the acquisition of Paul Merchants Finance’s gold loan business, marking its entry into the high-yield secured lending sector. The ₹537 crore deal, structured as a slump sale, provides L&T Finance access to 98,000 customers, 700 employees, an...