LIC Housing moves NCLT to recover Rs 31 cr loan from DB Realty

NEW DELHI: LIC Housing Finance has filed an application before the National Company Law Tribunal (NCLT) to start insolvency process against DB Realty for recovery of Rs 30.63 crore outstanding loan, the Mumbai-based developer said. DB Realty said both the parties are in talks to settle this outstanding loan. In a filing to the BSE, DB Realty informed that the company had availed […]

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LIC Housing Finance Q4 profit rises 18% to Rs529 crore

LIC Housing Finance’s net profit in the March quarter rose to Rs529.18 crore from Rs448.01 crore a year ago. Housing finance company LIC Housing Finance Ltd on Tuesday said its March quarter net profit rose 18.11% from a year ago, beating market estimates. Net profit rose to Rs529.18 crore for the fourth quarter from Rs448.01 crore a year ago. According […]

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