Can cross Rs 40K cr investment target if H2 mirrors Q2: LIC

LIC had a fantastic performance in Q2 and expects the same for the second half of FY14, says chairman SK Roy. Also, he finds banking sector attractive with a longer-term perspective.

LIC Hsg Fin eyes FY14 margins around 2.5%; growth above 20%

VK Sharma, MD & CEO, LIC Housing Finance told CNBC-TV18 they gave aggressively plans to double their developer‘s loan book.

Will invest Rs 2.15 lakh-cr in equities in FY14: LIC Chmn

India's largest domestic institutional investor, Life Insurance Corporation of India (LIC) invested Rs 23,000 crore in equities for the financial year 2013, informs Chairman DK Mehrotra. “We have not rushed into it in Q4 to buy more stocks…but it has been smooth and uniform participation for us in 2012-13,” he told CNBC-TV18 in an interview.

Urban Housing Fund norms to be finalised shortly: NHB head

The National Housing Bank (NHB), the regulator for housing finance companies in India is ramping up its efforts on affordable housing, typically priced below Rs 25 lakh. It has almost finalised the scheme for Urban Housing Fund (UHF) of Rs 2,000 crore, recently announced in the Union Budget 2013.

Three strategies to attain 2.7% NIM: LIC Housing chief

LIC India promoted LIC Housing Finance (LICHF) has embarked on a three-pronged strategy to attain a net interest margin in the range of 2.5-2.7% in 2012-13. Net interest margin or the different between interest earned and paid out stood at 2.10% in Q2, FY13 compared with 2.18% in Q1, FY13.

SEBI move to lower borrowing cost up to 25bps: LIC Housing

After the Securities and Exchange Board of India (SEBI) allowed debt-oriented mutual funds to invest up to 10 percent of their net assets in housing finance companies, VK Sharma, Director & Chief Executive, LIC Housing Finance believes the companies will now get additional funding of Rs 50,000 crore.

LIC Housing Fin expects no further decline in NIMs in FY13

In an interview with CNBC-TV18, VK Sharma, Director & Chief Executive of LIC Housing Finance said the company is waiting for the right opportunity to launch QIP. He is also not expecting NIMs to decline further from the current levels.

V K Sharma, LIC Housing Finance: A CM in action!

His bosses describe him as CM, the crisis manager. There were good numbers of case studies within the group to justify this new acronym. However, it was publically evident when he had taken charge of LIC Housing Finance (LICHFL) in November, 2010. Meet V K Sharma, the chief executive of LICHFL.

Plan to raise Rs 7000-8000cr in Q4: LIC Housing Fin

In order to meet its lending needs, LIC Housing Finance plans to raise close to Rs 7000-8000 crore in the last quarter of this fiscal.

See net interest margins around 2.7% in FY12: LIC Housing

In an interview to CNBC-TV18, VK Sharma, director and chief executive officer of LIC Housing Finance says, in the next six months, the company’s target is to disburse Rs 2,000-3,000 crore. He expects net interest margins to be around 2.7% at the end of the year.