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.
| Company Name | CMP |
|---|---|
| LIC Housing Finance | 540.05 |
| Housing & Urban Dev. | 197.00 |
| Bajaj Housing Financ | 91.83 |
| Piramal Finance | 1673.65 |
| PNB Housing Finance | 924.40 |
| View more.. | |
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