LIC Housing Finance Sets Sights on Growth with Massive Borrowing Plan

Housing Finance (LICHFL) has announced a significant borrowing plan, signaling its ambitious growth strategy for the upcoming financial year. The company's board has approved a borrowing budget of up to a staggering Rs 1,22,500 crore for the financial year 2025-2026.   This substantial capital raise will be facilitated through a combination of loans and/or the issuance of redeemable non-convertible debentures (NCDs). This move underscores LICHFL's intent to bolster its lending operations and capitalize on the burgeoning demand in the housing finance sector.