GIC Housing Finance gets nod to increases investment in GICHFL Financial Services
7th Oct 2021

GIC Housing Finance has received approval from board of directors to increases investment in equity share capital of GICHFL Financial Services -- wholly owned subsidiary company from existing Rs 5 lakh to Rs 75 lakh. The board of directors at its meeting held on October 07, 2021 has approved the same.

GIC Housing Finance’s primary business is granting housing loans to individuals and to persons/entities engaged in construction of houses/flats for residential purposes.