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August 04, 2015 5:05 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


Founded in 1989

1,190 Employees


91 22 2217 8600


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 Ltd. Announces Board Appointments

LIC Housing Finance Ltd. announced that the board of directors on resolution dated June 29, 2015 passed through circulation as on June 30, 2015 has inducted the following members as additional directors on the board of the Company. Shri. M. Narendra, Shri. Debabrata Sarkar and Shri. V. K. Kukreja.

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.

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