Mr. Chawathe, an analyst with Kotak Institutional Equities in Mumbai, put a sell call on Shriram Transport Finance Co., a commercial-vehicle finance firm, in April, where he left it through the end of the year.

| MUMBAI May 9 (Reuters) - India's LIC Housing Finance is planning to raise at least 2.5 billion rupees ($46.97 million) via 5-year bonds at 9.70 percent, a source with direct knowledge of the matter said on Wednesday.

BANGALORE: LIC Housing Finance Limited (LICHFL) Asset Management, the asset management arm of India's biggest insurer, has achieved a first close of Rs 250 crore for its maiden real estate private equity fund.

Mortgage lenders such as HDFC and LIC Housing Finance are expected to see a marked expansion in their profitability as dual-rate home loans come up for re-pricing at higher rates this fiscal year.