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Mumbai (Maharashtra) [India], March 16: L&T Finance Holdings Ltd. (LTFH), a leading retail financier, has been recognized by the judges at the 6th Indian Chamber of Commerce and Industry (ICC) for its Corporate Social Responsibility (CSR) efforts. We have announced that we have won the Choice Award. Social Impact Summit Awards 2024.
LTFH received the prestigious award for promoting gender equality and women’s empowerment. The company was also awarded the ‘Medal of Honor’ by the Governor of West Bengal in the area of social upliftment through wise use of resources under CSR.
This prestigious recognition was accepted by Apurva Rathod, Company Secretary and Chief Sustainability Officer of LTFH, by the Governor of West Bengal, Dr. CV Ananda Bose, at an event held in Kolkata.
Speaking on the occasion, Ms. Rathod said, “As a company committed to sustainability, we recognize that gender equality and women’s empowerment are fundamental pillars of a thriving society. “By investing in long-term initiatives like the Saki Program, we promote inclusion.” The program also nurtures women entrepreneurs in the community and provides upskilling and enterprise development training to help them build and strengthen their businesses. living. ”
Digital Sakhi is LTFH’s flagship program that provides skills and knowledge in digital and financial literacy to rural women and the community at large. The program addresses the issue of bridging digital and financial literacy and promotes gender equality leading to women’s empowerment. She has over 1,700 digital Sakhi people in nine states and her 20 districts, benefiting over 40 million people in the country.
L&T Finance Holdings Ltd. (LTFH) (www.ltfs.com), a leading non-banking financial company (NBFC), offers a wide range of financial products and services under the L&T Finance brand. Headquartered in Mumbai, the company has been rated ‘AAA’, the highest credit rating for NBFCs, by four major rating agencies. It has also received leadership scores and ratings from global and national environmental, social and governance (ESG) rating providers for its sustainability performance. The company has also received many prestigious awards for its flagship CSR project ‘Digital Saki’, which focuses on women’s empowerment and digital and financial inclusion. Under Right to Win, being in the ‘right business’ has enabled us to become one of the leading financiers in major retail products. As part of our Raksha 2026 plan, we are focused on creating a leading digitally enabled retail finance company. The goal is to shift focus from product-centric to customer-centric, establish a robust retail portfolio with quality assets, and build Fintech@Scale while keeping ESG at the core. Fintech@Scale is one of the pillars of our strategic roadmap, Lakshya 2026. The company has a customer database of over 2.2 billion people, which is leveraged for cross-selling, up-selling, and identifying new customers.
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