13
Mar
LIC Housing Finance to stay for RBI norms to decide on entering banking biz
LIC Housing Finance , a subsidiary of Life Insurance Corp, is interested in entering the banking business but would wait till the RBI issues its guidelines on the matter before taking a call, company CEO R R Nair said. “We are in-principle interested in the banking business but it is too premature to talk about it now. We will wait for the Reserve Bank guidelines on the issue before taking a decision,” Nair told PTI here today.