L&T Infra gets Infra NBFC status from RBI

L&T Infrastructure Finance Company (L&T Infra), a subsidiary of Larsen & Toubro (L&T), has received the status of "Infrastructure Finance Company" from the Reserve Bank of India within the overall classification of "Non-Banking Finance Company."

L&T Infra commenced operations in January 2007 as an NBFC, a part of L&T's Financial Services Group, to finance infrastructure projects and in a short span of time since its inception, L&T Infra has achieved cumulative approvals of Rs 17,133 crores and cumulative disbursements of Rs 7,615 crores across Energy, Transportation, Telecommunication and other Infra sectors.

L&T’s Capability Spectrum
Larsen & Toubro is a USD 9.8 billion technology, engineering and construction group, with global operations. It is one of the largest and most respected companies in India’s private sector.

L&T undertakes turnkey construction of fertilizer, refinery and petrochemical plants; cross-country pipelines and oil & gas terminals covering civil, structural, piping equipment, heavy lifts, electrical and instrumentation work.