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July 01, 2015 1:03 PM ET

Thrifts and Mortgage Finance

Company Overview of LIC Housing Finance Ltd.

Company Overview

LIC Housing Finance Limited provides loans for purchase, construction, repairs, and renovation etc., of houses/flats to individuals, corporate bodies, builders, and co-operative housing societies in India. It also provides finance on existing property for business/personal needs; loans to professionals for the purchase and construction of clinics, nursing homes, diagnostic centers, and office space, as well as for the purchase of equipment; and finance to individuals engaged in the business of construction of houses or flats for residential purpose and to be sold by them, as well as public deposit schemes. In addition, the company is involved in setting up, running, and maintaining assisted ...

131 Maker Tower, F Premises

13th Floor

Cuffe Parade

Mumbai,  400005

India

Founded in 1989

1,190 Employees

Phone:

91 22 2217 8600

Fax:

91 22 2217 8777

Key Executives for LIC Housing Finance Ltd.

Chief Executive Officer, Managing Director, Whole Time Executive Director, Member of Executive Committee, Member of Stakeholders Relationship Committee and Member of Debenture Allotment Committee
Age: 55
Total Annual Compensation: $630.6K
Compensation as of Fiscal Year 2014.

LIC Housing Finance Ltd. Key Developments

LIC Housing Finance Puts Orbit's Project On Block

LIC Housing Finance Ltd. (NSEI:LICHSGFIN) is selling a residential property of Orbit Corporation Limited (BSE:532837) in Mumbai as the latter has failed to repay loans.

LIC Housing Finance Ltd Announces Cessation of K. Narasimha Murthy and S. Ravi as Directors

LIC Housing Finance Ltd. has informed the changes in the Board of Directors of the company. Shri K. Narasimha Murthy and Shri S. Ravi have ceased to be the Directors of the company on completion of their term of office of Director on June 25, 2015.

LIC Housing Finance Ltd. Recommends Dividend for the Year 2015

LIC Housing Finance Limited has announced that the Board of company in its meeting held on April 18, 2015 recommended dividend for financial year 2015 at the rate of 250% (INR 5.00 per equity share of INR 2 each).

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To contact LIC Housing Finance Ltd., please visit www.lichousing.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

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