LIC Housing Finance hike rates
10 December 2011
LIC Housing Finance and Magma Fincorp have raised lending rates by 50 bps as money turns more expensive. Close to ten banks hiked their base rates last week by 25-50 bps as deposits became costlier and other non-banking finance companies (NBFC) and housing finance companies (HFC) may follow suit. LIC Housing Finance hiked prime lending [...]

