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LIC Housing Finance (LICHF) is the fourth-largest housing finance company in India. But based on incremental disbursements comes to be ranked second among all the housing finance companies. Last five years have been the golden time for the housing loan business. During this period housing loan business has grown at the rate of 31 per cent. While LICHF in the same period has been able to increase its loan book at a compounded annual growth rate (CAGR) of 23 per cent.
This article was originally published on October 27, 2009.
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