LIC Housing Finance Sets Ambitious ₹1.23-Lakh Crore Borrowing Plan for FY26
2025-03-05
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In a significant move, LIC Housing Finance has approved a massive ₹1.23-lakh crore borrowing plan for the financial year 2026. The funds will be raised through a diverse range of instruments, including loans, redeemable non-convertible debentures, zero-coupon bonds, and subordinate debt. This strategic decision is expected to drive growth and expansion for the company. Shares of LIC Housing Finance Ltd have already shown a positive response, ending at ₹521.20 with a notable gain of ₹17. The company's borrowing plan is a key development in the Indian housing finance sector, with potential implications for home loan interest rates and mortgage lending.
