Company type | Private |
---|---|
Industry | Financial services |
Founded | 19 June 1989 |
Founder | Life Insurance Corporation of India |
Headquarters | Mumbai, India |
Area served | India |
Key people | Tribhuwan Adhikary (MD & CEO)[1] |
Products | Home loans and Mortgage loans |
Revenue | ₹20,005 crore (US$2.4 billion)(2023)[2] |
₹16,963 crore (US$2.0 billion)(2023) | |
₹2,286 crore (US$270 million)(2023) | |
Total assets | ₹254,687 crore (US$31 billion) (2023) |
Total equity | ₹24,751 crore (US$3.0 billion) (2023) |
Number of employees | 2,103 |
Parent | Life Insurance Corporation of India |
Subsidiaries |
|
Website | lichousing |
LIC Housing Finance Limited (LIC HFL) is the largest Housing Finance Company in India, with a registered corporate office in Mumbai. It is a deposit taking housing finance company, and it is a subsidiary of LIC, mainly providing long-term financing to people who purchase or construct residential houses or flats. It also finances the repair and renovation of existing residences and gives loans to businesses to purchase or construct of clinics, nursing homes, diagnostic centres, office space or equipment. It holds promoter and controller status in IDBI Bank Ltd. from January 2019.[3]
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