LIC Housing Finance looks at securitisation of Rs 5,000 crore loan

Last Updated: Saturday, September 12, 2015, 15:48

Simply put securitisation of loan is selling the loan portfolio to a buyer for a consideration. The loan book that thus sold will not figure in the balance sheet of the seller.

LIC Housing Finance to raise up to Rs 47,000 crore

Last Updated: Monday, September 7, 2015, 20:47

LIC Housing Finance Ltd (LHFL) Monday it will raise up to Rs 43,000 crore via non-convertible debentures on private placement basis.

Housing finance stocks hog limelight, soar up to 5%

Last Updated: Thursday, June 18, 2015, 13:03

LIC Housing Finance surged 4.63 percent while Dewan Housing Finance Corporation rose 4.21 percent on BSE.

LIC Housing Fin Q4 net up to Rs 378 crore, pays Rs 5 dividend

Last Updated: Saturday, April 18, 2015, 20:24

LIC Housing Finance on Saturday posted a marginal 2.2 percent increase in net profit to Rs 378.18 crore for the quarter ending March and decided to pay a dividend of Rs 5 per cent on equity share of Rs 2.

LIC Housing Fin Q3 Net rises marginally to Rs 344 crore

Last Updated: Wednesday, January 14, 2015, 15:08

The company had posted a net profit of Rs 326.59 crore in the corresponding quarter of the previous fiscal.

LIC says not exiting LIC Nomura Mutual Fund

Last Updated: Tuesday, January 13, 2015, 19:22

Life insurance major LIC today said it has no plans of exiting LIC Nomura Mutual Fund Asset Management Company as well as reducing its holding in LIC Housing Finance.

LIC Housing Q2 net up 28% at Rs 310 cr on income, margin growth

Last Updated: Wednesday, October 30, 2013, 22:35

LIC Housing Finance (LICHF) Wednesday reported 28 percent rise in net profit at Rs 310.07 crore for the second quarter ended September 30, driven by an equal quantum of increase in interest income and better margin.

LIC Housing plans to increase NIM, reduce borrowing cost

Last Updated: Sunday, April 28, 2013, 18:37

LIC HFL, the wholly owned subsidiary of Life Insurance Corporation (LIC) had already witnessed improvement in its NIM in the fourth quarter due to repricing of loans.

LIC Housing Finance Q4 net up 25% at Rs 316.16 cr

Last Updated: Friday, April 26, 2013, 17:35

LIC Housing Finance Friday reported 25 percent decline in net profit at Rs 316.16 crore for the fourth quarter ended March 31.

LIC Housing Fin to consider lowering rates on home loans

Last Updated: Tuesday, January 29, 2013, 17:08

At present, LIC Housing Finance's interest rate on home loans stands at 10.25 percent per annum while its Prime Lending Rate (PLR) is 14.4 percent.

Morgan Stanley, HSBC Global buy LIC Housing scrips for Rs 382 cr

Last Updated: Thursday, January 10, 2013, 19:47

Foreign fund houses-- Morgan Stanley Asia (Singapore) Pte and HSBC Global Investment Thursday acquired a total of 1.36 crore shares of LIC Housing Finance for Rs 382 crore.

LIC allowed to buy up to 30% equity in a company

Last Updated: Wednesday, November 21, 2012, 18:15

Hard pressed to meet the Rs 30,000 crore disinvestment target, the Finance Ministry on Wednesday permitted the state-owned Life Insurance Corporation to invest up to 30 percent in a company as against the earlier ceiling of 10 percent.