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LIC Housing Finance to raise atleast Rs 150 crore via bonds: Report

27 Sep 2013 Evaluate

LIC Housing Finance, the home-loan arm of the country’s largest insurer, Life Insurance Corporation of India (LIC) reportedly is planning for raising atleast Rs 150 crore via one-year two-day bonds at 9.96%. Axis Bank is the sole arranger to the bond sale.

LIC holds 40.31% stake in LIC Housing Finance while, institutional investors, both foreign and domestic together, and others are holding 45.29% and 14.40% of the stake respectively.

LIC Housing Finance Share Price

540.05 5.20 (0.97%)
17-Apr-2026 16:59 View Price Chart
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