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Two-wheelers and SME loans to fuel L&T Finance's urban growth strategy

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L&T Finance Ltd. is focusing on expanding its urban growth strategy by emphasizing two-wheeler and SME loans. The company aims to increase its market share in these segments, which are seen as high-potential areas for growth. This strategy includes enhancing digital capabilities to streamline loan processing and customer acquisition, as well as targeting a younger demographic with tailored financial products. Additionally, L&T Finance is looking to leverage data analytics for better risk assessment and customer segmentation, aiming to improve both customer experience and operational efficiency. This approach is part of a broader plan to diversify its portfolio and reduce dependency on traditional lending sectors, thereby fostering sustainable growth in urban markets.

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