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Expansion▲ Bullish for LIC Housing Finance
LIC Housing Finance Bets On Non-Housing, Project Loans To Fuel Double-Digit Disbursement Push
The brief
- LIC Housing Finance is shifting toward higher-yielding non-housing and project loans
- Higher-yielding loans may support LIC Housing Finance’s growth and margins
- Life insurance savings policies could deliver up to 1% higher returns if IRDAI’s proposed distribution reforms are implemented
- IRDAI’s proposed distribution norms ruffle feathers of LIC agents, broker body
- IDBI Bank Disinvestment On Track, Govt Evaluating Financial Bids At 'Steady Pace': Sources