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LIC Housing Finance reports 15% rise in its PBT at Rs 856 crore in Q2FY20

The net interest income (NII) rose 16 per cent to Rs 1,213 crore in the quarter ended September 2019 (Q2FY20) from Rs 1,047 crore in the same period last fiscal

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Subrata Panda Mumbai
Mortgage lender LIC Housing Finance has reported a 15 per cent rise in its profit before tax (PBT) at Rs 856 crore in Q2FY20 compared to Rs 745 crore in the quarter ended September 2018. The net profit rose 35 per cent to Rs 777 crore in Q2 FY20 compared to Rs 573 crore in the same period last year.

The net interest income (NII) rose 16 per cent to Rs 1,213 crore in the quarter ended September 2019 (Q2FY20) from Rs 1,047 crore in the same period last fiscal. The net interest margin (NIM), a measure of profitability, in Q2FY20

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