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For FY 14 Gruh Finance net rises 21%

For FY 14 Gruh Finance net rises 21%
For the year 2013-14, Gruh Finance Ltd, a housing finance arm of HDFC registered a 21 per cent jump in the net profit. For the year 2013-14, Gruh Finance Ltd, a housing finance arm of HDFC registered a 21 per cent jump in the net profit. In 2013-14 the company’s profit after tax increased from [...] Continue Reading »

LIC Housing Finance plans disburse 10% loan to developers

LIC Housing Finance plans disburse 10% loan to developers
LIC Housing Finance, a subsidiary of Life Insurance Corporation of India (LIC), plans to disburse around 8-10 per cent of its total loan portfolio to developers by the end of this fiscal. Presently, around 6 per cent of the NBFC’s  total loan portfolio constitutes of developer loan. By the end of June quarter, LIC HF’s [...] Continue Reading »



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