LIC Housing Finance

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LIC Housing Finance Limited

Company type	Public
Traded as	BSE: 500253 NSE: LICHSGFIN
Industry	Financial services
Founded	19 June 1989 (35 years ago) (1989-06-19)
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]
Operating income	₹16,963 crore (US$2.0 billion)(2023)
Net income	₹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	LIC HFL Care Homes Limited LIC HFL Financial Services Limited LIC HFL Asset Management Company Private Limited
Website	lichousing.com

LIC Housing Finance Limited (LIC HFL) is one of the largest mortgage and loan companies in India, with a registered corporate office in Mumbai. 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]