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February 12, 2024
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LIC HFL elevates business with Pennant Technologies’ advanced lending platform.

In a bid to improve operational efficiency and enhance the customer experience, LIC Housing Finance (LIC HFL) has implemented the lending platform by Pennant Technologies. The new platform, called pennApps Lending Factory, forms part of LIC HFL’s Project RED (Reimagining Excellence through Digital Transformation) initiative. The platform is built on Pennant’s next-generation Application Framework and provides LIC HFL with a high level of configurability to meet market needs, streamline operations, and improve risk management. Pennant Technologies expects the lending platform to drive business growth for LIC HFL.

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