Is LIC Housing Finance a govt company?
I want to know Is LIC Housing Finance a govt company? Explain your answer
  • Riya Saini
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  • It is not a pure government company and not a purely private company.
    It is a public limited company. (limited by LIC of India Shareholding/ working like Semigovernment company)
    Its founder, promoter & controller is Life Insurance Corporation Of INDIA (100℅ GOVT. OF INDIA ORGANISATION).
    In LIC HFL currently, 40.31 ℅ shareholdings controlling stake of its parent company LIC OF INDIA.
    Remaining 59.69 ℅ shareholdings of FII & public.
    GOVT. OF INDIA shareholding is zero in LIC HFL.
    So Govt. India is not Controlling the LIC HFL.
    LIC HFL is working under total control in LIC OF INDIA.


  • No, :LIC housing finance is not a govt company..,. It is a private company


LIC HFL
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