LICHF to offer Rs 500 cr preferential shares to LIC
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LICHF to offer Rs 500 cr preferential shares to LIC

Mumbai : India | Jan 13, 2012 at 4:30 PM PST
Source: The Economic Times
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LIC Housing Finance, the country's second largest housing finance company, is planning to raise up to Rs 500 crore through preferential issue of shares to LIC and qualified institutional placement, to beef up its capital adequacy ratio. "We would like our capital adequacy ratio to be around 10-12%,"... FULL ARTICLE AT The Economic Times
 
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