+
LIC Plans Up to 10% Equity Stake in NHB-Promoted RMBS Entity
ECONOMY & POLICY

LIC Plans Up to 10% Equity Stake in NHB-Promoted RMBS Entity

The Board of Directors at Life Insurance Corporation of India (LIC) has greenlit the possibility of acquiring up to a 10% equity stake in the Residential Mortgage Backed Securities (RMBS) entity promoted by the National Housing Bank (NHB). This move signifies a strategic financial decision by LIC, with formal disclosures anticipated to be made to the stock exchanges.

The potential equity investment reflects LIC's interest in the housing finance sector, aligning with the broader goal of participating in the growth of the residential mortgage market. As LIC navigates this investment, it underscores the significance of partnerships and strategic investments in the financial landscape, particularly in sectors contributing to housing and real estate development. Observers will closely monitor the developments and disclosures related to LIC's equity stake in the NHB-promoted RMBS entity, assessing the potential impact on both entities and the overall financial sector.

The Board of Directors at Life Insurance Corporation of India (LIC) has greenlit the possibility of acquiring up to a 10% equity stake in the Residential Mortgage Backed Securities (RMBS) entity promoted by the National Housing Bank (NHB). This move signifies a strategic financial decision by LIC, with formal disclosures anticipated to be made to the stock exchanges. The potential equity investment reflects LIC's interest in the housing finance sector, aligning with the broader goal of participating in the growth of the residential mortgage market. As LIC navigates this investment, it underscores the significance of partnerships and strategic investments in the financial landscape, particularly in sectors contributing to housing and real estate development. Observers will closely monitor the developments and disclosures related to LIC's equity stake in the NHB-promoted RMBS entity, assessing the potential impact on both entities and the overall financial sector.

Next Story
Infrastructure Urban

Jupiter Opens First EV Showroom in Hyderabad

Jupiter Electric Mobility Pvt Ltd (JEM), the electric commercial vehicle arm of Jupiter Wagons Ltd, has inaugurated its first showroom in New Bowenpally, Secunderabad, Hyderabad. The launch also marks the introduction of its 1.05-tonne four-wheeler electric light commercial vehicle (eLCV), JEM TEZ, to Telangana’s growing logistics and intra-city freight market. This expansion underscores JEM’s commitment to delivering purpose-built sustainable mobility solutions and accelerating the electrification of India’s logistics sector.The new showroom, operated by Arven Motors Pvt Ltd, offers cus..

Next Story
Infrastructure Energy

Premier Energies Launches 620W DCR Solar Modules in India

Premier Energies Limited, one of India’s largest integrated solar manufacturers, has launched its next-generation 620W DCR solar modules using G12R TOPCon technology, now among the most powerful large-format panels available in the country.The new modules, built with Tunnel Oxide Passivated Contact (TOPCon) architecture, deliver superior power density, improved temperature coefficients, and enhanced low-light performance. The rectangular G12R N-type cell design enables higher string power and balance-of-system optimisation, making the panels suitable for utility-scale projects as well as com..

Next Story
Infrastructure Energy

ONGC Starts Gas Sales from Rajasthan Chinnewala Tibba Block

Oil and Natural Gas Corporation Limited (ONGC) has commenced natural gas sales from the Discovered Small Field (DSF-II) Block RJ/ONDSF/Chinnewala/2018, marking the successful monetisation of the Chinnewala Tibba field in the Rajasthan Kutch Onland Exploratory Asset (RKOEA). Gas sales officially began on 25 August 2025.This development highlights ONGC’s commitment to boosting domestic energy production and strengthening India’s energy security under the guidance of the Ministry of Petroleum and Natural Gas. Located in western Rajasthan, close to the Indo-Pakistan border, the Chinnewala Tibb..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?