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| LIC arm to launch VC fund soon | 18-AUG-09 |
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| LIC Housing Finance (LHFL), an arm of Life Insurance Corporation (LIC), the country’s largest insurer, is planning to launch a venture capital firm next month, as part of a policy to start a new company every year. |
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| 'We are seeing a huge demand for home loans' | 26-JUN-09 |
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| After weathering the December quarter, when the liquidity crunch was at its peak, LIC Housing Finance recorded a healthy 37 per cent growth in net profit for 2008-09. RR Nair, director and chief executive, tells Sudeep Jain that the company has revised its growth target for the year. |
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| LICHF posts 33% rise in net profit to Rs 158 crore | 24-APR-09 |
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| LIC Housing Finance (LICHF), the country’s second-largest housing finance company, has reported a 33.14 per cent increase in its fourth quarter net profit at Rs 157.55 crore as against Rs 118.09 crore reported in the year-ago quarter. |
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| LIC Housing cuts home loan rates by 75 bps | 16-MAR-09 |
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| "We have cut lending rates for existing customers by (75 basis points) from April 1. We have seen our cost of funds coming down in the recent period and this decision (to cut rates) is in consequent to that," LIC Housing Finance (LICHFL) Director and Chief Executive R R Nair said here. |
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| LIC Housing Finance cuts home loan rates by 100 bps | 04-FEB-09 |
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| LIC Housing Finance (LICHF) has slashed lending rates for new borrowers by 100 basis points across various loan categories. Home loans up to Rs 30 lakh, irrespective of the tenure, would now be cheaper by 100 bps at 8.75 per cent, while for loans above Rs 30 lakh, the rates are lower at 9.75 per cent as against 10.75 per cent earlier. |
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| New LIC zonal manager | 06-MAY-05 |
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| G Prabhakara has taken over as the zonal manager, Life Insurance Corporation of India, southern zone.
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| Learning HR from Asia | 01-OCT-04 |
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| All these years Asia had borrowed HR theories and style from Europe and America, and now Europe and US have begun borrowing HR theories and working styles from Asia.
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