Page 6 - Lic Housing Finance

LIC Housing Finance disburses Rs 1,331 cr of loans via mobile app

The firm has disbursed Rs 1,331 crore worth loans through its mobile banking app in the last one year

Repco Home, PNB Housing Finance soar up to 18%, hit 52-week highs

The RBI, on Wednesday, came out with a slew of directions related to maintenance of liquidity coverage ratio, risk management, asset classification and loan-to-value ratio, among others, for HFCs

BSE Midcap index hits new high as financials, Adani group stocks rally

At 02:04 pm, the S&P BSE Midcap, the top gainer among broader indices, was up 1.5 per cent after hitting an intra-day high of 20,234 on the BSE

Govt appoints Siddhartha Mohanty as managing director of LIC from Feb 1

He is currently the MD & CEO of LIC Housing Finance

Central bank's proposals on dividend payouts weigh on state-owned NBFCs

The RBI has proposed that the payouts from next financial year will depend upon factors such as capital adequacy, non-performing asset ratio and leverage ratio.

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%

Nifty may register new all-time high once it conquers 12,050: HDFC Sec

Trading longs should have stoploss at 11,700 in Nifty

LIC Housing Finance expects Q3 loan growth to be in double-digits

India's second-largest pureplay mortgage lender LIC Housing Finance expects a bumper festival season as it eyes loan growth to be in double-digits

HDFC, LIC Housing, CanFin Homes: RBI measures likely to keep stocks buoyant

Stocks of housing finance companies gained ground post the RBI policy on Friday. Will the up move sustain? Here's what technical charts say

LIC Housing Finance biz back to pre-Covid levels: MD Siddhartha Mohanty

The business done by the company in September is not only better than the previous year but also the best for the company in the same period, he said.

LIC Housing invests in SPR City, Piramal Enterprises exits from project

The company's Director Chetan Bohra said that the capital raised would be utilised for advacing the construction and ensuring the completion of the residential project within this financial year

LIC Housing: Equity infusion would be preferred over debt capital

At 12 per cent tier-1 capital, the recent decision to raise Rs 50,500 crore of debt funds unlikely to address asset quality issues

Should you buy LIC Housing Finance post Q1 nos? Here's what analysts say

For the quarter under review, LIC Housing Finance's profit before tax (PBT) rose 21 per cent year-on-year (YoY) to Rs 1,017.67 crore.

MARKET WRAP: Sensex pares gains to end 45 pts up; financial stocks rally

All that happened in the markets today

LIC Housing Finance surges 11% as net profit in June quarter rises 35% YoY

Its profit before tax (PBT) rose 21 per cent year-on-year (YoY) to Rs 1,017.67 crore.

LIC HFC Q1FY21 PBT up 21% to Rs 1,018 cr, NIM declines by 9 bps

Net profit for reporting quarter up 34% to Rs 817.48 cr; firm's stock closed flat at Rs 276.7 a share on BSE

Financial stocks lift indices, Sensex gains 364 pts; Nifty ends at 11,466

All that happened in the markets today

Trading ideas by Religare Broking: Buy IGL, Torrent Pharmaceuticals

IGL has tested the major support zone of the long-term moving average (200 EMA) on the daily chart of late

LIC Housing Finance likely to recover Rs 3,000 crore worth NPAs

The target is to get back about 50 per cent of gross non-performing assets (GNPAs), Managing Director and Chief Executive Siddhartha Mohanty said.

LIC Housing Finance posts 16% fall in pre-tax profit at Rs 826.72 crore

Its net profit fell sharply, by 40 per cent, to Rs 421.43 crore from Rs 693.58 crore in Q4FY19.