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LIC likely to exit mutual fund JV with Nomura

The company seeks finance ministry’s nod; could also cut stake in housing finance business As part of its new strategy on non-core businesses, Life insurance Corporation is considering......

Indian banks seek refuge in home loans, crowd onto HDFC's mortgage turf

Indian mortgage lender Housing Development Finance Corp Ltd (HDFC), loved by global investors for its steady profit growth, faces an intensifying battle for business and market share as banks......

Tata, Birla, India Post among 26 applicants for bank licence

Tata Sons, LIC Housing Finance, Aditya Birla Nuvo, Department of Posts, Reliance Capital and Bajaj Finserv are among the 26 private and pubic sector entities which have applied to RBI for grant of......

End-users should stay away from realty pre-launch offers

Loans to the real estate sector from banks and housing finance companies have been declining for some time, given their risky nature. Lenders are staying away even at the cost of their margins. In......

LIC HF may rope in consultant for proposed banking foray

LIC Housing Finance, a subsidiary of Life Insurance Corporation (LIC), may rope in an external consultant to advise it regarding its proposed foray into banking business."We may rope in a......
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LIC MF eyes Rs 3,000 crore AUM in Karnataka by March

Mid-sized fund house LIC Mutual Fund (MF) has set an ambitious target to reach AUM (assets under management) of Rs 2,500-3,000 crore by March 2017,... ...
House of loans

Strong parentage, robust growth in loans, big-ticket housing loans driven by higher presence in larger cities, lower returns due to relatively... ...
Details of Rs 3,000 crore public issue that opens on Tuesday

The price band for the initial public offering (IPO) of PNB Housing Finance is Rs 750-775 per Rs 10 equity share. PNB Housing Finance is offering... ...
Will these fireworks lift Nifty50 to new highs?

By Jimeet Modi The week started with a bearish undertone in continuation of the corrective phase of the market, but the Nifty50 smartly turned... ...
LICHF 2nd quarter disbursal clocks Rs. 9,123-cr

Creating a record in its home loans disbursal portfolio, the LIC Housing Finance has recorded a staggering amount of Rs. 9,123-cr disbursal in the... ...

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