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View On RBI MPC announcement reaction By Y. Viswanatha Gowd, LIC Housing Finance Below is on RBI MPC announcement reaction By Mr. Y. Viswanatha Gowd, MD & CEO of LIC Housing Finance “Keeping repo rates the same is a welcome decision. This may put to rest the anxiety amongst the borrowers that emanated with the EMI increase consequent to a series of repo rate hikes.  Today’s move sends a positive signal and improves the sentiments. We expect the real estate along with other sectors to build up on this as it has come at the beginning of the...
View On RBI MPC announcement reaction By Y. Viswanatha Gowd, LIC Housing Finance
View On RBI MPC announcement reaction By Y. Viswanatha Gowd, LIC Housing Finance
Source: PR Agency
6/04/2023 3:12:37 PM
LIC Housing Finance Ltd announces its Q3 FY2023 results Mumbai: The Board of Directors of LIC Housing Finance Ltd. (BSE: 500253; NSE: LICHSGFIN) announced its un-audited results for the third quarter ended on December 31, 2022, following its approval by the Board of Directors in a meeting held in Mumbai on February 06, 2023. The results are as per the Indian Accounting Standards i.e., Ind AS notifications issued by the Ministry of Corporate Affairs and National Housing Bank in April 2018. Performance Highlights at a glance - Q3 FY 2023 ...
LIC Housing Finance Ltd announces its Q3 FY2023 results
LIC Housing Finance Ltd announces its Q3 FY2023 results
Source: PR Agency
7/02/2023 1:50:17 PM
Post Budget Reaction : Budget priorities reinforce the support to government`s `Aatmanirbharta` mission Says Y. Viswanatha Gowd, LIC Housing Finance Below is Post Budget Comment By Mr. Y. Viswanatha Gowd, MD & CEO of LIC Housing Finance “The Budget has a clear progressive intent via the 7 Priorities of Budget 2023 as India enters into ‘Amrit Kaal’.  The priorities  reinforce the  support to government’s 'Aatmanirbharta' mission, by focusing on Inclusive development, Youth Power, Infrastructure and investment, Financial Sector, and women empowerment. The raise in CAPEX by 33% is pro...
Post Budget Reaction : Budget priorities reinforce the support to government`s `Aatmanirbharta` mission Says Y. Viswanatha Gowd, LIC Housing Finance
Post Budget Reaction : Budget priorities reinforce the support to government`s `Aatmanirbharta` mission Says Y. Viswanatha Gowd, LIC Housing Finance
Source: PR Agency
2/02/2023 4:14:13 PM
LIC Housing Finance loans turns costlier Housing loans from LIC Housing Finance Ltd have turned costly with the company hiking its prime lending rate (PLR) by 35 basis points (bps) effective from Monday. According to LIC Housing, PLR is the benchmark rate to which the interest rate on its loans is linked. The new interest rates on home loans will now start from 8.65 per cent. The new rates will be effective from Monday, December 26, the company said. "The increase in rates is in tune with the market conditions. Despite...
LIC Housing Finance loans turns costlier
LIC Housing Finance loans turns costlier
Source: IANS
26/12/2022 5:30:39 PM
LIC HFL revises its LIC Housing Prime Lending Rate (LHPLR) by 35 bps LIC Housing Finance Ltd (LIC HFL), a leading Housing Finance Company in India, has increased the LIC Housing Prime Lending Rate (LHPLR) by 35 basis points. LHPLR is the benchmark rate to which the interest rate on LIC HFL's loans is linked.  The new interest rates on home loans will now start from 8.65%. The new rates will be effective from today, 26th December 2022.  Commenting on this lending rate revision, MD & CEO Shri Y. Viswanatha Gowd said, “Th...
LIC HFL revises its LIC Housing Prime Lending Rate (LHPLR) by 35 bps
LIC HFL revises its LIC Housing Prime Lending Rate (LHPLR) by 35 bps
Source: PR Agency
26/12/2022 2:54:14 PM
The rate hike seems like a calculated call by the RBI and is on expected lines Says Mr. Y. Viswanatha Gowd, LIC Housing Finance Below View On RBI Monetary policy by Mr. Y. Viswanatha Gowd, MD & CEO, LIC Housing Finance “The rate hike seems like a calculated call by the RBI and is on expected lines. Today’s increase in rates will be benign as far as equated monthly instalments (EMIs) of home loans are concerned. The fact remains that the Indian economy is faring better than most major economies and therefore I expect good buoyancy to remain prevalent in the real estate sector"   ...
The rate hike seems like a calculated call by the RBI and is on expected lines Says Mr. Y. Viswanatha Gowd, LIC Housing Finance
The rate hike seems like a calculated call by the RBI and is on expected lines Says Mr. Y. Viswanatha Gowd, LIC Housing Finance
Source: PR Agency
7/12/2022 4:48:38 PM
LIC Housing Finance increases lending rate by 50 bps LIC Housing Finance Ltd (LIC HFL) has increased the LIC Housing Prime Lending Rate (LHPLR), the benchmark rate to which the interest rate on its loans are linked, by 50 basis points. Commenting on this lending rate revision, MD & CEO Y. Viswanatha Gowd said: "Interest rate hike is in line with the prevailing market condition. We expect this trend to stabilise soon. We are taking care to price our products adequately so that the EMI outgo for our customers remains reasonable. We ar...
LIC Housing Finance increases lending rate by 50 bps
LIC Housing Finance increases lending rate by 50 bps
Source: IANS
1/10/2022 10:16:03 AM
RBI Monetary Policy: The encouraging growth in the consumption pattern By Mr. Y. Viswanatha Gowd, LIC Housing Finance Below is the RBI MPC announcement reaction By Mr. Y. Viswanatha Gowd, MD & CEO of LIC Housing Finance “RBI's hike in the repo rate by 50 bps is on expected lines and can be considered a well-measured decision. It is with the clear intention to safeguard the economy from any adverse implication out of the ongoing global financial turmoil. India's economy continues to show resilience and looks promising despite the disruptions. The encouraging growth in the consumption...
RBI Monetary Policy: The encouraging growth in the consumption pattern By Mr. Y. Viswanatha Gowd, LIC Housing Finance
RBI Monetary Policy: The encouraging growth in the consumption pattern By Mr. Y. Viswanatha Gowd, LIC Housing Finance
Source: PR Agency
30/09/2022 3:22:54 PM
Reaction on RBI MPC By Mr. Y. Viswanatha Gowd, LIC Housing Finance Reaction on RBI MPC By Mr. Y. Viswanatha Gowd, MD & CEO of LIC Housing Finance “The repo rate hike by 50 basis points to 5.4% is closely in line with the expectations. RBI’s decision is well measured and abreast with the global economic trend. The repo rate hike will cause some minimum fluctuation in the EMIs or the tenure on the home loans but demand for housing will remain robust.”   Above views are of the author and not of the website kindly re...
Reaction on RBI MPC By Mr. Y. Viswanatha Gowd, LIC Housing Finance
Reaction on RBI MPC By Mr. Y. Viswanatha Gowd, LIC Housing Finance
Source: PR Agency
6/08/2022 12:57:02 PM
LIC HFL launches My Home, My Freedom offer to commemorate 75th Independence Day LIC Housing Finance Ltd. (LIC HFL), a leading Housing Finance company in India, has launched a special offer to mark the 75th year of India’s Independence being celebrated as Azadi ka Amrit Mahotsav.  Under the offer, the rate of interest for individual home loans up to Rs.15 crores will be at 7.50% for borrowers having CIBIL score of 750 and more. This special offer is available for both salaried and self-employed category of customers.  The offer is applicable for home loans...
LIC HFL launches My Home, My Freedom offer to commemorate 75th Independence Day
LIC HFL launches My Home, My Freedom offer to commemorate 75th Independence Day
Source: PR Agency
2/07/2022 4:38:10 PM