Have Rs 199 cr exposure in MFI in Andhra: L&T Finance
YM Deosthalee (right), Director, L&T Finance, says the company is into the finance of income generating assets focused on infrastructure and agriculture. He says the company has Rs 445 crore of exposure in MFI sector as of March 31, 2011, out of which Rs 199 cr was in Andhra Pradesh and the recovery is very dismal.
