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RETAIL BANKING | Cesar Tordesillas, Malaysia
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India's LIC eyes Malaysia, Singapore expansion

India's LIC Housing Finance Ltd, is looking to expand in Malaysia and Singapore as it seeks to increase its overseas presence.

 

"We are getting demands from Malaysia and Singapore. We will examine them," said LIC director/chief executive VK Sharma.

The company in the last two years had set up offices in Kuwait and Dubai, he said, adding that offices were converted into 'representative' offices

The representative offices cater to the non-resident Indians in the Gulf countries covering Bahrain, Dubai, Kuwait, Qatar and Saudi Arabia.

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