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LIC Housing Finance News

28 Oct 2024

LIC Housing Finance Logs 12 Per Cent Net Profit Jump At Rs 1,329 Crore In Q2

In the July-September period, loan disbursements were Rs 16,476 crore, a 12 per cent increase from Rs 14,665 crore in the year-ago period.

25 Feb 2024

LIC Housing Finance Hopes To Earn Rs 5,000 Cr Profit In FY24

CAR of LIC Housing Finance rose to 19.77 per cent at the end of December 2023 as compared to 17.74 per cent at the end of third quarter of previous financial year.

LIC Housing Finance

26 Dec 2022

LIC Housing Finance public deposit rate hiked: Check calculator, new rates

The interest rate for a 1-year term is 7 percent for deposits under Rs 20 crore and 6.75 percent for deposits beyond Rs 20 crore.

LIC Housing Finance

01 Oct 2022

LIC HFL hikes lending rate by 0.50%

The company increased the LIC Housing Prime Lending Rate (LHPLR) by 0.50 per cent. LHPLR is the benchmark rate to which the interest rate on LIC HFL's loans are linked.

Life certificate

28 Nov 2021

Pensioners Alert! Get this work done before November 30 or you will suffer

Pensioners, for example, are required to submit their life certificates by November 30. LIC Housing Finance's special home loan is set to expire this month. Before November 30, you must apply for admission to Jawahar Navodaya Vidyalaya's class 9.

23 Sep 2021

LIC HFL now allows borrowers to avail home loans at lowest 6.66% interest rate

Mortgage financier LIC Housing Finance (LIC HFL) on Thursday extended its lowest home loan rate of 6.66 per cent for home loans up to Rs 2 crore. In July this year, it had announced to offer home loans at an interest rate of 6.66 per cent for an amount up to Rs 50 lakh to new borrowers. It is available for loans sanctioned from September 22 to November 30, 2021, provided the first disbursement is availed on or before December 31, 2021.

LIC Housing Finance

25 Jun 2021

LIC Housing Finance to raise Rs 2,334 crore

In a regulatory filing, the housing finance company said that it will issue 4.54 crore equity shares to LIC at Rs 514.25 per share. Post the allotment, LIC's stake in the company increased to 45.24 per cent as against the pre-issue shareholding of 40.31 per cent. The company will seek the shareholders' nod for the proposed preferential allotment of shares during its Extraordinary General Meeting on July 19, said another regulatory filing.

25 Apr 2017

LIC Housing Finance Q4 net profit up 18% at Rs 529 crore

LIC Housing Finance standalone net profit rose by 18.1 per cent to Rs 529.19 crore in the fourth quarter of last fiscal ended March 31.

16 Jan 2017

LIC Housing Finance Q3 net profit up 19% at Rs 499 crore

During the third quarter of the running fiscal, LIC Housing Finance reported an increase of 19.2 percent in its net profit at Rs 499.26 crore.

20 Oct 2016

LIC Housing Finance announces net profit up at 20% to Rs 494.76 crore for Q2

LIC Housing Finance has reported an increase of 20.2 percent in net profit at Rs 494.76 crore for the second quarter ended September 30.

LIC Housing Finance

15 Jul 2016

LIC Housing Finance Q1 profit rises 6% to Rs 407 crore

LIC Housing Finance has reported a 6.3 percent increase in standalone net profit at Rs 407.84 crore for first quarter ended June.

LIC Housing Finance

11 Jul 2016

Investment tips on LIC Housing Finance

LIC Housing Finance

18 Apr 2016

LIC Housing Finance Q4 net up 20% at Rs 1,667 crore

LIC Housing Finance today reported a rise of 19.5 percent in its consolidated net profit at Rs 1,667.70 crore for the quarter ended March 31.

LIC Housing Finance

21 Jan 2016

Aapka Bazaar : Advice on LIC Housing & Axis Bank

16 Jan 2016

LIC Housing Finance Q3 profit up 22% at Rs 419 crore

LIC Housing Finance today reported a 21.6 percent rise in net profit at Rs 418.90 crore for the third quarter ended December 31.

10 Dec 2015

Expert on LIC Housing Finance stock

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12 Sep 2015

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

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.

Housing finance companies

18 Jun 2015

Housing finance stocks hog limelight, soar up to 5%

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

LIC Housing Finance

18 Apr 2015

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

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.

14 Jan 2015

LIC Housing Fin Q3 Net rises marginally to Rs 344 crore

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

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