About Us

Our vision at L&T Financial Services is to be an Admirable, Inspirational & Sustainable institution. 

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L&T Housing Finance Limited (LTHFL) is a wholly owned subsidiary of L&T Finance Holdings Limited. It was originally incorporated as Weizmann Homes Limited on 31st August 1994 under the Companies Act, 1956 (No. 1 of1956). It is registered as a housing finance company with the National Housing Bank under the National Housing Bank Act, 1987

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Board of Directors

Mr. Dinanath Dubhashi

Director

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Mr. Dinanath Dubhashi is the Managing Director & CEO of L&T Finance Holdings Ltd. (LTFH).

With a rich experience of over two decades, he has worked in multiple domains of financial services such as corporate banking, cash management, credit rating, retail lending and rural finance. 

He has been with L&T Financial Services since 2007 and has been instrumental in scaling up the retail business operations manifold, across customer segments and geographies. The strategy roadmap defined under his leadership has transformed LTFH into an organization focused on creating sustainable value for shareholders through an increase in retailization of the loan book, robust risk management framework that delivered consistent top quartile return on equity through decisive strategic choices in businesses. 

He has been focusing on the creation of a stable and sustainable organization, built on a foundation of ‘Assurance’ for all stakeholders.

Prior to L&T Financial Services, he was associated with organizations such as BNP Paribas, CARE Ratings and SBI Capital Markets in various capacities.

Mr. Dubhashi has also been co-chairing the FICCI Committee on NBFCs since 2018 and was recently named the “DX CEO” for ‘Transforming financial services delivery with digitization’ at the IDC Digital Transformation Awards India, 2020.

He is a Postgraduate from IIM Bangalore and holds a B.E.(Mechanical) degree.

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Dr. (Mrs.) Rajani R. Gupte

Independent Director

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Dr. Rajani R. Gupte had done Ph. D in Economics from Gokhale Institute of Politics and Economics, Pune University, on the topic "The impact of trade liberalisation on the level of protection of Indian Industry".

Currently, Dr. Gupte is the Vice Chancellor of Symbiosis International University, Pune. During the period 2004-2012, she had also served as a Director of Symbiosis Institute of International Business (SIIB). She was actively involved in establishing SIIB as one of the leading B-Schools in India.

In the past, she has also worked as Director-Finance, in a Private Limited Company, wherein she has handled Finance operations seamlessly.

She had earlier served as a Dean and Pro Vice Chancellor of Symbiosis International University. She had also served as member WTO committee, Government of Maharashtra, Department of Horticulture during the period 2002-06. She was invited to be a part of a committee of eminent economists formed by NITI Aayog to interact with the Honourable Prime Minister on "Economic Policy: The Road Ahead" in January 2018.

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Mr. Rishi Mandawat

Director

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Mr. Rishi Mandawat is the Principal of Bain Capital and leads Investment and Coverage in the Financial Service, Industrial and Energy Sectors. 

Prior to joining Bain Capital, Mr. Mandawat worked at McKinsey and Company in the Delhi office on a number of strategic and operational issues for clients in the electric power and energy, construction, retail and automotive, sectors. Prior to joining McKinsey, he worked in the as a finance controller for two business units in ABB in India. Mr. Mandawat was a summer analyst at P&G in Mumbai during his MBA at IIM, Ahmedabad.

Mr. Mandawat received his MBA from the Indian Institute of Management, Ahmedabad and his B.Com from Jodhpur University. Mr. Mandawat is also a Chartered Accountant from the Institute of Chartered Accountants of India. 

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Mr. P V Bhide

Independent Director

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Mr. P V Bhide has worked in several government positions during a career spanning over four decades. Some of his roles include Secretary, Department of Revenue, Ministry of Finance; Secretary and Joint Secretary, Department of Disinvestment, Ministry of Finance; Additional Secretary/Spl. Secretary, Ministry of Home Affairs; Deputy Secretary, Department of Economic Affairs, Ministry of Finance. He has also held various other key positions across departments.

He is a retired IAS Officer with an MBA, LLB and BSc degree.

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