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QIP (qualified institutional placement)

LIC housing plans to generate Rs. 1000 cr through ECBs

LIC housing plans to generate Rs. 1000 cr through ECBs
Delhi-NCR- The state-run insurance giant which promotes its venture of  LIC Housing Finance Limited is expecting to generate about Rs. 700-1,000 crore via external commercial borrowings (ECB). Various realty developers and housing finance firms were permitted to generate about $1 billion via ECBs by the Reserve Bank of India (RBI) last month to promote the affordable housing projects. According to [...] Continue Reading »



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