India Shelter Finance Corporation Limited
SBI Life Insurance increased its stake in India Shelter Finance Corporation from 4.03% to 4.07%, acquiring 57,478 shares to take its total holding to 44,47,794 shares.
A housing finance company incorporated in 1998, India Shelter Finance Corporation Limited provides financial solutions for residential property purchases and construction across India. The company focuses on lending to underserved segments of the housing market, particularly targeting affordable and mid-income housing segments. Its distinctive approach combines accessible financing with deep understanding of regional housing demand patterns and customer needs in tier-two and tier-three cities.
Joint venture between State Bank of India and BNP Paribas Cardif. Manages over Rs 4.7 lakh crore in total AUM with the flagship SBI Life Equity Fund alone holding over Rs 77,000 crore. One of India's largest private life insurers by AUM, with a multi-cap equity book deployed across ULIP and participating funds.