EPFO stops investments in LIC Housing Finance

EPFO stops investments in LIC Housing Finance New Delhi: Retirement fund manager EPFO on Thursday decided to suspend further investments in the LIC Housing Finance till CBI completes investigations into the alleged involvement of its top official in the bribes-for-loans scam. "As of now we have suspended further investments in the LIC Housing Finance. Safety of fund is our prime concern. We are doing so because CBI is investigating the case", Labour Minister Mallikarjun Kharge said. Kharge,...
03:53 PM, Dec 09, 2010

CBI probing 16 companies in housing loan scam

CBI probing 16 companies in housing loan scam New Delhi:The government on Thursday said the income tax department would look into the tax issues relating to the housing loan scam racket. Meanwhile, the deadline for the notices issued by the CBI to 16 companies who allegedly received undue favours in the multi-crore housing loan scam ends on Thursday. A day after the CBI arrested top public sector bankers, Punjab National Bank said that the bribery case is a...
09:51 AM, Nov 25, 2010

LIC Housing cuts home loan rates

LIC Housing cuts home loan rates Borrowers can now avail of loans at 10-10.5 pc against 10.75-11.25 pc earlier. ...
01:11 AM, Mar 17, 2009
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