‘Infra lending opportunities may grow in next two quarters’
construction segment really improve, it may still not change the outlook on ground or on NPA's. However, it may not increase the credit costs as a percentage of assets.
With few companies in your bag, do you see the economic slowdown as a period of consolidation?
Acquisitions are towards consolidating our position and enhancing our presence, so that definitely helps. Organisationally, we are trying to use this breathing time to consolidate and improve our processes and controls.
Are you looking at more acquisitions in Mutual Fund space? You said in the past that you want to be among the top 5 players?
The acquisition we did gave us enough positioning on which we can build on giving us the opportunity to grow the Asset Under Management on accelerated basis. However, if there is a viable and meaningful consolidation opportunity, and if it makes sense, we will go forward.
Do you plan to enter the life insurance business as you are present in all other major financial services space?
Life Insurance is an important business in the financial services umbrella. However, at the moment, we don't have it on the table. If there is an opportunity or something that will make us look into it, we will look into.
What is the long term strategy for L&T Finance?
The vision is to build a comprehensive financial services business. It is not our plan to be a niche player. We will clearly build in a calibrated manner in the context of where
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