L&T Finance, under the guidance of CFO Sachinn Joshi, is strategizing to upscale the securitisation of its current loans to access funding at competitive rates. The company's current securitisation forms only a small portion of its resource mobilisation, standing at Rs 400 crore, according to Joshi's conversation with Business Standard.
Management at L&T Finance is eyeing an increase in demand for priority sector loans (PSL) from foreign banks and anticipates benefiting from a potential downturn in interest rates. Moreover, the CFO highlighted recent decreases in short-term interest rates, affirming the company's plan to raise necessary funds through short-term avenues amidst market volatility. Additionally, the emphasis is on seizing opportunities presented by low rates by raising funds through Commercial Papers (CPs).