MFI collection efficiency back at 99.6%: L&T Finance MD & CEO Sudipta Roy

Sudipta Roy said that the transfer of the gold business of Paul Merchants Finance will be completed by June 15

The focus of L&T Finance is to expand its footprint in the eastern part of the country, setting up branches in West Bengal and Odisha, said Sudipta Roy, MD & CEO, L&T Finance in a face-to-face interview with Anupreksha Jain in Mumbai. He said that the transfer of the gold business of Paul Merchants Finance will be completed by June 15. Edited excerpts:

 

Unsecured segment, especially the microfinance sector, has been witnessing rising stress. Given a strong presence in the microfinance sector, when do you see the sector returning back to normalcy? 

We have been the least impacted in