Saturday 16 November 2019

LIC Housing targets to disburse Rs 55,000 crore in Financial Year 19-20

LIC Housing Finance Ltd has set a target of disbursing Rs 55,000 crore worth loans during the current financial year, a top official said on Saturday. LIC Housing Finance Ltd., Managing Director and CEO Siddhartha Mohanty said the company disbursed Rs 48,000 crore worth loans during the last financial year.  "We propose to achieve a target of Rs 55,000 crore disbursement. Last year it was Rs 48,000 crore..," he told reporters at the sidelines of the 22nd edition of two-day Mega Property Fair 'Ungal Illam'.To a query, he said the company till date has managed to disburse Rs 26,000 crore worth loans.

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