LIC Housing targets 15% growth in FY18
LIC Housing Finance (LICHF) has said that its average loan size has increased to about Rs 22 lakh against Rs 20 lakh in the previous financial year. "Investment-based buying of homes has slowed down in recent months. However, need-based buying continues to be robust as people in this category are willing to borrow and make their purchases," LICHF Managing Director and Chief Executive Officer Vinay Sah has said. The company is confident of achieving 15 per cent growth this year over last year's disbursements of Rs 41,541 crore.