L&T Finance reported a robust third quarter, driven by significant growth in its retail lending business. The company announced that retail disbursements increased by 49% year-on-year, signaling strong demand and effective outreach strategies.

Alongside the substantial increase in disbursements, L&T Finance also revealed a 20% expansion of its retail loan book. This growth demonstrates the company's ability to attract and retain customers, as well as effectively manage its lending portfolio.

The positive results reflect a broader trend of recovery and growth in the Indian financial sector. L&T Finance's performance in Q3 positions the company well for continued success in the coming quarters. Details regarding specific loan categories contributing to the growth were not disclosed, but the overall figures indicate a healthy expansion of the retail lending segment.