LIC Housing – A House of Cards?
We all consider the NPL crisis in India as almost exclusively corporate loans. We may consider the origin even more narrowly with infrastructure...
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LIC Housing Finance: Asset Quality Weakens But Green Shoots Emerging
LIC Housing Finance (LICHF IN) reported its earnings last week. Asset quality deteriorated, like for many of its peers. Profit Before Tax (PBT)...
275 Views
State Bank of India - Slip Sliding Away
Profit Beat: State Bank of India 9SBIN.IN) [SBI] reported FY 3Q20 profit before tax of INR 110 bn, led by 45% YOY growth in operating profit -...
282 Views
LIC Housing Finance - Credit Headaches Continue
LIC Housing Finance (LICHF.IN) [LIC] reported FY 3Q20 earnings results of INR 5.98 bn (flat YOY), missing consensus by some 12% as a result of...
342 Views
LIC Housing – Dizzying Gearing, Soaring Bad Loans
The risks are obvious even if it’s housing lending. Debt/equity is 996% for LIC Housing Finance (LICHF IN), higher than any other NBFC in India as...
432 Views