LICHSGFIN.NS - LIC Housing Finance Limited

NSE - NSE Real Time Price. Currency in INR

LIC Housing Finance Limited

131 Maker Towers
13th Floor ?F? Premises Cuffe Parade
Mumbai 400005
91 22 2217 8600

IndustryMortgage Investment
Full Time Employees1,190

Key Executives

NameTitlePayExercisedYear Born
Mr. P. NarayananChief Financial Officer2.91MN/AN/A
Mr. Nitin K. JageGM of Taxation, Compliance Officer & Company Sec.3.35MN/AN/A
Mr. Vinay SahCEO, MD & Whole Time Exec. DirectorN/AN/A1959
Ms. Sadhana DeshpandeChief Mang. of AccountsN/AN/AN/A
Mr. Sudipto SilDeputy CFO & Investor Relation Mang.N/AN/AN/A
Amounts are as of December 31, 2017 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.


LIC Housing Finance Limited provides loans for purchase, construction, repair and renovation, etc. of houses/flats for individuals, corporate bodies, builders, and co-operative housing societies in India. The company offers finance on existing property for business or personal needs; loans to professionals for the purchase and construction of clinics, nursing homes, diagnostic centers, and office space, as well as for the purchase of equipment; and finance to individuals engaged in the business of construction and sale of houses or flats for residential purpose. It is also involved in setting up, running, and maintaining assisted living community center/care homes for senior citizens; marketing various financial products and services; and managing, advising, and administering mutual funds, unit trusts, and investment trusts. In addition, the company provides financial and investment advisory services; and acts as a trustee to venture capital trusts and funds. It markets its products through home loan agents, direct sales agents, and customer relation associates. The company operates through a network of 7 regional offices, 21 back offices, 240 marketing offices, and 1 customer service point in India, as well as representative offices in Dubai and Kuwait. LIC Housing Finance Limited was incorporated in 1989 and is based in Mumbai, India.

Corporate Governance

LIC Housing Finance Limited’s ISS Governance QualityScore as of March 1, 2018 is 2. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 7; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.