Tag: #NonPerformingAssets

In two years, LIC homes hopes to quadruple the percentage of loans for affordable homes.

February 9, 2024

MUMBAI: According to a top official on Monday, LIC Housing Finance wants to more than quadruple the percentage of affordable housing loans in its loan book to 20–25 percent over the next two years. Due to internal reorganization and management changes, the insurance giant’s home financing division saw a slower rate of loan growth in […]

In two years, LIC homes hopes to quadruple the percentage of loans for affordable homes.more

After the RBI eliminates the CoR, Indian Bank will close down Ind Bank Housing.

October 28, 2023

CHENNAI: Following the RBI’s cancellation of the Housing Finance Company’s certificate of registration (CoR), the public sector Indian Bank would wind up its subsidiary Ind Bank Housing Ltd (HFC). Reporters in Chennai were informed on Thursday by Indian Bank MD & CEO SL Jain that Ind Bank Housing has not operated for the last 20 […]

After the RBI eliminates the CoR, Indian Bank will close down Ind Bank Housing.more