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Loan growth may drive further gains for LIC Housing

LIC Housing Finance (LICHF) delivered a healthy FY24 with improvements in net interest margin (NIM) and credit costs and an improved return on assets of 1.7 per cent compared to an average of 1.3......

LICHF slashes home loan rates

Close on the heels of public sector banks slashing their home loan rates, LIC Housing Finance, has announced a 1.75-2.25 per cent cut in its lending rates for home loans up to to Rs 20 lakh (Rs 2......

EPFO suspends new investments in LICHF

Retirement fund manager EPFO hasdecided to suspend further investments in the LIC Housing Finance till CBI completes investigations into the alleged involvement of its top official in the......

Post scam, LICHF to revamp set-up

LIC Housing Finance, hit by a loan scam last November, is looking to revamp its structure. The aim is to avoid repetition of any misconduct by senior executives that may tarnish the image of the......

No anomaly detected in bribe case yet: LIC

Life Insurance Corporation (LIC) of India, which is conducting an internal probe into the bribe-for-loan scam that surfaced at LIC Housing Finance (LICHF) in November, has not detected any......

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