Santosh B. Parab is the General Counsel at L&T Finance Limited (LTF). He leads the Legal and Compliance functions at LTF, which he joined in 2020. In his capacity as the General Counsel, he holds an Executive Management position in LTF. His role instilled momentum in building the in-house practice group that deals with advisory, transactional and litigation portfolios for the lending and non-lending businesses.

Under his leadership, LTF has closed many strategic transactions including successful completion of the merger of L&T Finance entities. In addition, he takes care of regulatory compliances applicable to LTF including interpreting, implementing and intrinsically complying with various circulars, guidelines and regulations issued by the Reserve Bank of India and other regulators.

Santosh holds a Bachelor’s degree in Commerce and a Master's degree in Law from Mumbai University. With over 28 years of experience, in past he has worked with IDBI Limited; IDFC Bank Limited and Altico Capital India Limited. His expertise in varied domains includes retail, wholesale and banking finance, borrowings and treasury and mergers and acquisitions of entities in the financial sector, equity raising, private equity, litigation, recovery and resolution.

He mentors the principle - the solution to a problem should be within contours of the legal framework, keeping the organisation’s interest at the top. Within and outside the realm of the team, it has brought him laurels.

Pragmatism in solution lies in finding it within contours of the legal framework and always keeping the organisation’s interest at the top

I have worked with Santosh Parab for over a decade. He is a veteran in the general counsel world. He has a depth of experience managing complex transactions and steering teams over decades which give him a unique position. His judgement and clarity across regulatory issues is second to none. He has a clear insight on regulatory requirements and intentions

Niloufer Lam
Managing Partner, ZBA