Thu, May 16, 2024
The home finance company will also look at upping its play in the affordable housing segment in the new fiscal, he said, adding that its share of the overall book will double in three years.
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LIC Housing Finance dividend: The board recommended a dividend of Rs 9 per share of face value of Rs 2, i.e., a 450 per cent payout for the financial year 2023-2024.
Wed, Jul 14, 2021
Before the preferential issue of Barbeque Nation and LIC Housing Finance, the exchangers are taking legal opinion on the provisions of the valuation report. The Article of Association of these two companies is different. Soon it will be clear about what kind of impact those companies are going to have.
Fri, Jun 25, 2021
LIC Housing Finance plans to raise about Rs 2,334.69 crore through preferential issue of equity shares to Life Insurance Corporation of India (LIC).
Wed, Jun 16, 2021
Despite marginally weak fourth-quarter results, the brokerage firms are bullish on LIC Housing Finance shares, and raised the price target. The company on Tuesday reported a fall in net profit in the last quarter of fiscal 2021 (FY21) amid an impairment spike on the financial instruments.
Fri, Jun 04, 2021
CapitalVia Advisors recommended technical analysis on HDFC Bank, LIC Housing Finance and Reliance Industries on Friday. The price targets and stop-loss for these stocks have been highlighted below too. Traders could use the trading strategies on these stocks as they have witnessed strong volumes in past few sessions and can remain in action on Friday as well
Tue, Mar 30, 2021
LIC Home Loan Griha Varishtha Scheme: The scheme christened Griha Varishtha is designed for employees or pensioners covered under the Defined Benefit Pension Scheme (DBPS), as per an official statement.
Fri, Feb 19, 2021
LIC Housing Finance is an attractive player in the housing mortgage market, with positives such as stable margins going ahead, pick-up in business growth helped by low interest rates, stable property prices, rising affordability and the government’s push to drive demand for housing. Going forward as corporate credit demand / capex reboot is expected to pick up in FY22E, Sharekhan believes it will augur well for HFCs as they may see lower competition from banks.
Wed, Feb 17, 2021
LIC Housing Finance saw improved traction in individual business during the quarter while operating performance was steady. NII for LICHF saw flattish growth of 2.2% YoY at Rs 1281 cr, mainly on account of 6 bps YoY decline in margins to 2.36%. Recent management commentary indicated that margins benefited from lower funding cost which was down by 36 bps in Q3 FY21 and 83 bps in current fiscal.
Wed, Jan 06, 2021
Siddhartha Mohanty, Managing Director and CEO, LIC Housing Finance, talks about real estate performance in last few months, loan disbursement, COVID's impact on the recovery of the loans, expectation from the union budget among others during a candid chat with Anil Singhvi, Managing Editor, Zee Business
Tue, Jan 05, 2021
LIC Housing Finance MD and CEO Siddhartha Mohanty on Tuesday told Zee Business Managing Editor Anil Singhvi that as far as Realty sector is concerned there has been great interest shown by the buyers over the last two months
Fri, Oct 09, 2020
Stocks To Buy Today: Amid Indian indices closing in the green zone for the six straight trading session yesterday, Zee Business Managing Editor Anil Singhvi has advised stock market traders and investors to maximise their returns.
Fri, Sep 18, 2020
LICHFL Home Loan: If you are looking for a home loan then you must know about this home loan facility being offered by LIC Housing Finance Limited (LICHFL). LICHFL is offering ‘Griha Siddhi’, a floating home loan product. The rate of interest for this facility starts from 6.90 per cent per annum according to the information available on its website
Wed, Aug 26, 2020
Siddhartha Mohanty, Managing Director and CEO, LIC Housing Finance, talks about June quarter numbers, provisioning, business outlook, asset quality, NPA levels, moratorium, disbursement and RBI regulations among others during a candid chat with Swati Khandelwal, Zee Business.
Tue, Aug 25, 2020
Stock Market Opening Bell: On account of strong global sentiments and positive foreign institutional investors (FIIs), the Indian indices opened around 0.40 per cent higher on Tuesday.
Stocks in Focus on August 25: LIC Housing Finance, Allcargo Logistics, Axis Bank, Phoenix Mills, etc. are expected newsmakers throughout the intraday trade session.
Thu, Jul 23, 2020
In April, the home financier had cut its home loan rates to 7.5 per cent for new home buyers having a Cibil score of 800 and above.
Sat, Apr 25, 2020
LIC Housing Finance Limited or LIC HFL has slashed home loan interest rate by 60 bps for those home loan applicants who have a better credit score.
Mon, Feb 17, 2020
No, LIC housing doesn't have anything and I would like to repeat that there is no proposal or talks related to it. These talks are out just to mislead people. And, I can't see any such possibility. LIC Housing Finance is a very strong company and is doing well and that's why I can say that the company will run as it is today and we have the trust of our stakeholders on us.
Thu, Feb 06, 2020
The stock market of India continue to gain for the third straight session on Thursday. Extending the last two days'gain further, the BSE Sensex shot up 163 points and closed at 41,306 levels while the 50-stocks Nifty went up 48 points and closed at 12,137 levels.
Wed, Oct 23, 2019
We have grown in the quarter and affordable housing segment has been the largest contributor - (in terms of number (+68%) and amount (+78%)) - and will help us in meeting our business targets in the year, says Siddhartha Mohanty, Managing Director and Chief Executive Officer, LIC Housing Finance (LIC HFL), during an interview with Zee Business.
Wed, Aug 07, 2019
LIC Housing Finance recruitment 2019: LIC Housing Finance Ltd (LIC HFL) has issued a recruitment notification inviting applications for Assistant, Associate & Assistant Manager posts across India.
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