PROJECT

Projects

Summary of Investment Information

Project Number

51008

Company Name

L&T FINANCE Limited

Date SPI Disclosed

Jul 15, 2026

Country

India

Region

South Asia

Projected Board Date

Feb 26, 2026

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Jul 15, 2026

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Previous Events

Approved : Feb 26, 2026
Signed : Mar 26, 2026
Invested : Jun 17, 2026

Sector

Other Non-Banking Financial Institution (NBFI)

Project Description

 IFC has invested an amount of US$100 million in L&T Finance Limited (“LTF” or the “Company”). The financing package would comprise of a senior, secured, US$ denominated loan with a tenor of up to 3 years.

 

IFC’s loan proceeds will be deployed towards the following segments: (i) At least 40% for on-lending to women microentrepreneurs or self-employed women borrowers, for income generation purposes, with a maximum ticket size of US$10,000; (ii) At least 50% for financing the purchase of two-wheeler (2W) vehicles by microentrepreneurs or self-employed borrowers; of which at least 75% of the proceeds will be provided to women borrowers and (iii) At least 10% for financing the purchase of electric vehicles (EVs) by individuals. Additionally, at least 50% of IFC’s loan proceeds will be deployed towards lending in rural areas.

 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation