L&T Finance Limited has made significant progress in its digital transformation journey through its flagship initiatives – Project Cyclops and Project Nostradamus. These technology-led programs are helping the company simplify operations, make smarter lending decisions, and enhance customer experience across its growing retail portfolio.
Project Cyclops focuses on building a unified, fully digital lending architecture. It uses automation, AI, and advanced analytics to improve loan approval speed and accuracy. The system integrates end-to-end processes – from customer onboarding and credit assessment to collections – helping the company deliver faster and more efficient financial services.
Meanwhile, Project Nostradamus leverages predictive analytics and data science to enhance risk monitoring and early warning systems. It enables L&T Finance to identify potential stress in loan accounts much earlier and take preventive measures. This has significantly strengthened the company’s asset quality, with its net stage 3 assets now standing at just 1%.
L&T Finance’s digital-first approach is also visible through its partnerships with major tech platforms such as Google Pay, Amazon, and CRED. These collaborations have expanded its reach among retail borrowers, driving strong growth in personal loans, consumer finance, and small business lending. Its Planet App – the company’s own customer app – has now crossed 19 million downloads, becoming a key digital channel for loan servicing and engagement.
In Q2 FY26, L&T Finance reported retail disbursements of ₹17,828 crore, up 25% year-on-year. Retail loans now account for 98% of its total loan book, underscoring the company’s transformation into a fully retail-focused, technology-driven NBFC.
L&T Finance is one of India’s leading non-banking financial companies (NBFCs), offering a wide range of retail lending products including two-wheeler loans, microfinance, housing loans, and small business financing. With strong digital infrastructure and a focus on risk management, it continues to maintain stable profitability and asset quality while expanding its reach across India.
By combining artificial intelligence, automation, and data-driven insights, L&T Finance is building the next generation of financial services – faster, smarter, and more inclusive.
