Lic Housing

LIC Housing Finance Q2 FY25 results: Net profit up 12% to Rs 1,328 crore

Total disbursements for the housing finance company rose by 12 per cent to Rs 16,476 crore in the quarter under review, compared to Rs 14,665 crore in the corresponding period in Q2 FY24

LIC Housing Finance accepts bids worth Rs 1,300 cr for 5-year bonds: Report

The housing finance company will pay an annual coupon of 7.57 per cent and had invited bids from bankers and investors earlier in the day

Newly listed Bajaj Housing Finance vs veteran LIC Housing: Which is better?

Bajaj Housing, which is backed by the Bajaj Group, has between FY22 and FY24 grown exceptionally in terms of assets under management and profit, according to analysts

These stocks rallied up to 13% in run-up to Sept rollovers; what next?

Technical Outlook: RECL, PFC can potentially rally up to 17 per cent from here on; while Birlasoft and LTIMindtree may witness a sharp fall, suggests technical charts.

LIC Housing Finance Q3 profits more than doubles, hits Rs 1,163 crore

Mortgage lender LIC Housing Finance on Friday reported a more than two-fold jump in profit at Rs 1,163 crore in the third quarter ended December 2023. The housing finance subsidiary of LIC had earned a net profit of Rs 480 crore in the same quarter a year ago. Its total income increased to Rs 6,792 crore during the quarter under review against Rs 5,876 crore in the same period last year, LIC Housing Finance said in a regulatory filing. The interest income of the company rose to Rs 6,744 crore as against Rs 5,839 crore in the third quarter of the previous year. During the quarter ended December 31, 2023, the company has made a provision of Rs 50.32 crore in respect of Investment in Alternate Investment Funds (AIFs) pursuant to a Reserve Bank of India circular dated December 19, 2023. However, the company's Capital Adequacy Ratio improved to 19.77 per cent as against 17.74 per cent at the end of December 2022.

LIC Housing Finance hits 10-month high on 43% YoY net profit growth in Q1

In the past one year, this non-banking financial services (NBFC) stock has surged 16 per cent, as against a 12 per cent jump in the S&P BSE Sensex

LIC Housing Finance stock comes under pressure on weak Q2 results

Improvement in interest income and margins crucial for investor sentiment to revive

LIC Hsg Finance's Q2 net up 23% to Rs 305 cr on dip in provisions

Net interest income and margin both decline; disbursements up 4% to Rs 16,786 crore

LIC Housing finance hikes lending rate by 60 bps, home loans start at 7.5%

Says hike is in line with market scenario; rates are still very competitive and demand for home loans is to likely to sustain

After a lull, NBFCs looking to step up funding for real estate sector

The strong demand in real estate -- residential, commercial, and logistics -- is giving confidence to the likes of JM Finance, Piramal, LIC Housing, and Indiabulls Housing Finance

LIC Housing Finance net profit rises 6% to Rs 767 crore in third quarter

LIC Housing Finance's (LIC HFC) net profit rose 6 per cent year-on-year (YoY) to Rs 767.33 crore in the third quarter.

India Post Payments Bank, LIC Housing tie up to sell home loans

India Post Payments Bank (IPPB) has joined hands with LIC Housing Finance for selling housing finance products of the latter to its 4.5 crore customers, a statement said on Tuesday.

LIC HFL cuts home loan rates to all-time low of 6.66% for select borrowers

Mortgage financier LIC Housing Finance on Friday said it has reduced its interest rates to 6.66 per cent for home loans up to Rs 50 lakh.

LIC Housing wins in valuation, but its asset quality a drag: Analysts

Lender's capitalisation may restrict growth and it's asset quality could be worse if a Supreme Court order is disregarded.

LIC Housing Finance Q2 profit rises 2% to Rs 791 cr; loan portfolio up 5%

Collection efficiency for non-moratorium customers for the month of September 2020 stood at 96%

LIC Housing plans to raise Rs 50,500 crore by issuing debt securities

The proposal will be taken up at its annual general meeting on September 28 for approval from shareholders

LIC declares relaxation on premium payments amid coronavirus spread

Policyholders are requested to stay indoors and avoid visiting any office to pay premium. They can, however, use online services of LIC

LICHF, PNBHF struggling to gain lost ground as Street turns a blind eye

Both public sector non-bank lenders are aligning their loan book favourably towards retail home loans without losing sight on profitability

LIC Housing: Interest margins improve, but asset quality is key

The sharp increase in gross NPAs reflect stress in its loan against property business.

LIC Housing: Current valuation offers better risk-reward

While strong parent support and transformation of loan book to floating rate is positive, asset quality concern is key