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GIC Housing Finance to add 50,000 accounts from its four promoters

03 Apr 2014 Evaluate

In a bid to strengthen its loan-book, GIC Housing Finance is planning to add 50,000 accounts from its four promoters with an average ticket size of Rs 5 lakh.

GIC Housing Finance is the housing arm of domestic re-insurer General Insurance Corporation (GIC). Apart from GIC, GIC Housing Finance has four public sector insurers as its promoters - New India Assurance, Oriental Insurance, United India and National Insurance.

The company currently manages the housing loans of General Insurance Corporation.

GIC Housing Fin Share Price

153.55 1.00 (0.66%)
17-Apr-2026 16:59 View Price Chart
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