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NBFCs throng bond mkt to fund festival credit demand

 A number of non-banking financial companies (NBFCs) have tapped into the debt capital market ahead of the festival season to meet increasing credit demand as bank funding slows. Illustration:......

LIC Housing Finance cuts rates

 Public sector insurance firm subsidiary LIC Housing Finance on Tuesday announced a reduction in interest rates for its existing home loan borrowers. The floating interest rates for existing......

LIC Housing Finance Q3 net at Rs 41.34 cr

 LIC Housing Finance Ltd has posted a net profit of Rs 413.40 million for the quarter ended December 31 as compared to net profit of Rs 321.20 million in the quarter ended December 31, 2001. Total......

Sharma is new CEO of LIC Housing Finance

 V K Sharma took charge as the chief executive of the scandal-hit LIC Housing Finance on Monday and said putting the company back on the growth path would be his first objective.The prime agenda......

VK Sharma to head LIC Housing Finance

 LIC Chairman T S Vijayan on Friday said that V K Sharma will take over as the CEO of its housing finance arm, early next week. Sharma has been chosen to replace LIC Housing Finance CEO Ramachandran......

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