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Non-banking finance company L&T Finance stepped up its operations in Coimbatore with the opening of a full-fledged branch on Bharathiyar Road on Monday.
With this, the number of branches in Tamil Nadu stands at 16.
The company plans to add another 4-5 branches in the State by the end of this year, its Managing Director and Chief Executive, Dinanath Dubhashi, said.
Stating that the company is quite bullish about the growth prospects in the State, Dubhashi said ‘we expect 25 to 30 per cent growth this fiscal after a lull in business growth over the last six to nine months.
We foresee good potential in the SME, auto ancillary and auto dealer segment among others particularly from this region.’
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