LIC Housing Finance

LIC Housing Finance studies slight dip in Q1 internet to ₹1,300 crore

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LIC Housing Finance’s (LICHFL) first-quarter internet dipped barely to ₹1,300 crore, weighed down by a dip in internet curiosity earnings whilst mortgage disbursements had been strong. India’s largest standalone housing finance firm reported a internet revenue of ₹1,324 crore within the year-ago quarter. Internet curiosity earnings (distinction between curiosity earned and curiosity expended) was down … Read more

RBI penalises IDFC First Financial institution, LIC Housing Finance for non-compliance

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RBI has imposed a penalty of ₹1 crore on IDFC First Financial institution for non-compliance with sure instructions on ‘Loans and Advances – Statutory and Different Restrictions’. The Statutory Inspection for Supervisory Analysis for FY22 revealed that the financial institution had sanctioned time period loans to a public sector endeavor for financing infrastructure tasks with out endeavor due … Read more