Moneycontrol PRO

business

LIC Housing Q2 profit seen up 17%, provisions may hurt

Loan growth is likely to be steady with 15-18 percent growth, similar to previous quarter. Net loans were up 18 percent in Q1 with retail up 18.3 percent and developer loan book up 6 percent.

first published: Oct 14, 2015 02:51 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347