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September 02, 2015 9:15 AM ET

Thrifts and Mortgage Finance

Company Overview of LIC Housing Finance Ltd.

Company Overview

LIC Housing Finance Limited provides loans for purchase, construction, repair, and renovation of houses or flats for 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 and sale of houses or flats for residential purpose. In addition, the company is involved in setting up, running, and maintaining assisted living community center/care homes for senior citize...

Maker Tower-F

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 Director, Member of Executive Committee, Member of Stakeholders Relationship Committee, Member of Debenture Allotment Committee, Member of Corporate Social Responsibility Committee and Member of Risk Management Committee
Age: 55
Total Annual Compensation: $3.0M
Chief Financial Officer
Total Annual Compensation: $395.1K
General Manager of Taxation and Company Secretary
Total Annual Compensation: $2.4M
Compensation as of Fiscal Year 2015.

LIC Housing Finance Ltd. Key Developments

Lic Housing Finance Limited Appoints Ameet N. Patel as Additional Director

LIC Housing Finance Limited announced that the Board of Directors in its meeting held on August 19, 2015 inducted Ameet N. Patel as Additional Director on the Board of the company.

LIC Housing Finance Ltd., Board Meeting, Aug 19, 2015

LIC Housing Finance Ltd., Board Meeting, Aug 19, 2015.

M. Narendra, Director, Resigns from Directorship of LIC Housing Finance Limited

LIC Housing Finance Limited has informed the that Shri M. Narendra, Director has resigned from the Directorship of the company.

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