LIC Housing Finance Ltd is one of the largest housing finance companies in India having one of the widest networks of offices across the country and representative offices at Dubai & Kuwait. In addition, the Company also distributes its products through branches of its subsidiary LICHFL Financial Services Ltd. LIC Housing Finance Ltd was promoted by Life Insurance Corporation in 1989 and a public issue was made in 1994. It launched its maiden GDR offering in 2004. The company enjoys the highest rating from CRISIL & CARE indicating highest safety with regard to the ability to service interest and repay principal. For more information, visit - www.lichousing.com
Q4 Individual Loan Disbursements up by 32%
Q4 Net Interest Income up by 26%
FY 2016 Loan portfolio grows 16% to Rs 125173 crores
Gross NPA down to 0.45% from 0.46%
Board proposes 275% dividend
- Revenue from operations up 18% to Rs. 2917 crore,
- Net Interest Income up 30% to Rs 659 cr
- Outstanding loan portfolio at Rs. 110411 crore, up by 18%,
- Individual loan Gross NPAs down from 0.40% to 0.36%
The Board of Directors of LIC Housing Finan... (more)
The Board of Directors of LIC Housing Finance announced its un-audited results for the second quarter ended on September 30, 2014, following its approval by the Board of Directors in a meeting held in Mumbai today.
