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Banking

LIC HFL Achievements and Impact on India's Housing Market

RBI Headquarters Building

Summary

LIC Housing Finance Limited, established in 1989 under the aegis of LIC, is a dominant player in India's mortgage market. With a widespread branch network in India and abroad and a robust digital transformation, the firm offers diverse loan products. Led by Tribhuwan Adhikari, it boasts strong financial performance and strategic growth in the housing finance sector.

Key Takeaways

  • Operates under Life Insurance Corporation of India.
  • Offers diversified loans for residential and infrastructure projects.
  • Maintains a vast branch network in India with global presence.
  • Leverages digital transformation to streamline loan applications.
  • Achieves robust financial performance and strategic growth.

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