LICHSGFIN

📉 Interest Rates & Lending Rates

🔍 Key Financials & Performance In Q1 FY26 (quarter ending June 2025), LIC Housing Finance’s net profit rose about 4.4% year-on-year to ~₹1,364 crore. Total income also increased, helped by home loan demand. Revenue from operations in the same quarter grew by ~7%. Disbursements (loans given) in the housing segment showed modest growth; individual home loans and project loans both saw increases. Net Interest Margin (NIM) has declined compared to past periods, which is putting some pressure on interest spreads. 📉 Interest Rates & Lending Rates LIC reduced its interest rates on new home loans by 50 basis points, making the starting rate ~7.50%. This was in response to the RBI’s repo rate cuts. They also introduced a zero processing fee for some new home loan applications to make the borrowing process more affordable. 🌱 Other Highlights LIC raised funds via residential mortgage-backed securities (RMBS) for the first time, issuing securities backed by housing loan receivables. This is a positive move toward tapping into deeper capital markets. The company was recognized as the “Best Housing Finance Company” in India by the National Housing Bank (NHB). There were some changes in management: new independent directors appointed; a senior director completed their term.