LIC Housing Finance projects a net profit of ₹5,000 crore in the current financial year.
LIC Housing Finance, the mortgage arm of insurance giant LIC, projects a net profit of ₹5,000 crore in the current financial year, expecting to achieve this through robust demand for loans and expansion of its non-core business, which includes affordable housing finance and Loan Against Property (LAP). In the previous financial year, 2022-23, the company earned a net profit of ₹2,891 crore.
February 25, 2024
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