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Life Insurance Corporation of India (LIC) is an Indian multinational public sector life insurance company headquartered in Mumbai. It is India's largest insurance company as well as the largest institutional investor with total assets under management worth ₹ 52.52 trillion (US$630 billion) as of March 2024. [ 4 ]
LIC Housing Finance Limited (LIC HFL) is the largest Housing Finance Company in India, with a registered corporate office in Mumbai. It is a deposit taking housing finance company, and it is a subsidiary of LIC , mainly providing long-term financing to people who purchase or construct residential houses or flats.
Loans for scheduled castes, scheduled tribes and women entrepreneurs for greenfield enterprises. Loans can be applied online. [52] By July 2021, 1.16 lakh loans disbursed amounting to ₹ 26,204 crore (equivalent to ₹ 290 billion or US$3.5 billion in 2023). [53] By 2022, 81% of loan beneficiaries are women. [54] National Hydrology Project CS ...
Payment protection insurance (PPI), also known as credit insurance, credit protection insurance, or loan repayment insurance, is an insurance product that enables consumers to ensure repayment of credit if the borrower dies, becomes ill, disabled, loses a job, or faces other circumstances that may prevent them from earning income to service the debt.
Temporary Student Loan On-Ramp Repayment Program. To help the transition from the pandemic payment pause to restarting loan payments in October 2023, the Department of Education provided a ...
CBI's Economic Offences Wing (EOW) raided offices of the public sector banks and LIC Housing Finance in six cities (Mumbai, Delhi, Chennai, Jaipur, Kolkata and Jalandhar), to recover incriminating documents. [1] According to CBI, the companies to which the loans in question were given include: [2] Lavasa Corp., a unit of Hindustan Construction Co.
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Tajani enjoyed some temporary relief when the Biden administration introduced a new student loan repayment plan, the SAVE Plan, that cut monthly payments from $600 to around $250, according to ...
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