LIC's housing finance subsidiary sanctions Rs 600 crore to five developers

At a time when most banks and nbon-bank lenders shy away from the real estate sector, the housing finance subsidiary of Life Insurance Corporation of India is going aggressive on developer financing. These range from fresh disbursals to refinance deals where the mortgage lender has taken over loans from other lenders.

from Banking/Finance-Industry-Economic Times https://ift.tt/3iWVPS6