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  • Expect disbursements to be good in Q4: Can Fin Homes

    Expect disbursements to be good in Q4: Can Fin Homes

    Managing Director SK Hota said going forward, every quarter is expected to be a better quarter.

  • TCS biggest wealth creator in 2012-17, Ajanta Pharma the fastest: Wealth Creation Study

    TCS biggest wealth creator in 2012-17, Ajanta Pharma the fastest: Wealth Creation Study

    Ajanta Pharma retains the tag of fastest wealth creator for the third time in a row and Asian Paints is the most consistent wealth creator, said the wealth creation study

  • Don't expect further pressure on yields from here on: LIC Housing

    Don't expect further pressure on yields from here on: LIC Housing

    LIC Housing Finance is on radar after the company's second quarter earnings came in lower than street estimates. The net interest margins have dropped to 11 quarter low for the company. In an interview to CNBC-TV18, Vinay Sah, MD & CEO of the company discussed the details.

  • To focus on retail loan growth; watchful of rising GNPAs: LIC Housing Finance

    To focus on retail loan growth; watchful of rising GNPAs: LIC Housing Finance

  • Growth in Q1 led by strong retail disbursement growth: LIC Housing Finance

    Growth in Q1 led by strong retail disbursement growth: LIC Housing Finance

    LIC Housing Finance fell over 2 percent on Friday after posting a weak set of earnings for the first quarter. CNBC-TV18's Ritu Singh caught up with Vinay Sah, MD and CEO of LIC housing Finance and asked him about the key profit drivers this quarter and the outlook on the business going ahead.

  • To decide on 'on tap' license post final RBI guidelines: SREI

    To decide on 'on tap' license post final RBI guidelines: SREI

    While SREI Infra fits the criteria laid out in the draft guidelines and is also well capitalised, Vice Chairman Sunil Kanoria says, no decision has been made yet on applying for a license.

  • Reduction in NPAs, strict asset control aided Q3 growth: LIC

    Reduction in NPAs, strict asset control aided Q3 growth: LIC

    In an interview with CNBC-TV18, Sunita Sharma, MD and CEO of LIC Housing said that reduction in non-performing assets (NPAs) and strict control over asset quality are major drivers for growth in this quarter.

  • Expect 16-17% disbursement growth in FY16: LIC Housing

    Expect 16-17% disbursement growth in FY16: LIC Housing

    Sunita Sharma, MD & CEO of LIC Housing Finance told CNBC-TV18 that project finance segment grew strongly in Q2 and will continue to be the company's focus in future.

  • Corporate fund raising from mkt to continue: Prime Database

    Corporate fund raising from mkt to continue: Prime Database

    The maximum amount of money which a bank raises, goes directly into the power and housing sectors, Prithvi Haldea, Chairman, Prime Database told CNBC-TV18.

  • Lower interest rates led to margin improvement: LIC Hsg Fin

    Lower interest rates led to margin improvement: LIC Hsg Fin

    Sunita Sharma, MD & CEO, LIC Housing Finance said the retail loan category had grown by 20 percent and the project category had grown by 10 percent.

  • Cost of borrowing fall to 8.6% good for margins: LIC HFL

    Cost of borrowing fall to 8.6% good for margins: LIC HFL

    The housing finance company improved margins from 2.19 percent in June to 2.23 percent in September and hopes to continue the trend.

  • Likely to achieve 2.75% NIM by FY17: LIC Housing Fin

    Likely to achieve 2.75% NIM by FY17: LIC Housing Fin

    Discussing the earnings, Sunita Sharma, Managing Director & CEO, LIC Housing Finance, said September saw a very healthy loan growth and the lender has been able to recover developer NPLs worth Rs 132 crore with interest.

  • Banks to face near-term asset quality, margin woes: Experts

    Banks to face near-term asset quality, margin woes: Experts

    Speaking to CNBC-TV18‘s Latha Venkatesh, VR Iyer CMD, Bank of India said the improvement in infrastructure sector can been seen only after the general elections.

  • Can cross Rs 40K cr investment target if H2 mirrors Q2: LIC

    Can cross Rs 40K cr investment target if H2 mirrors Q2: LIC

    LIC had a fantastic performance in Q2 and expects the same for the second half of FY14, says chairman SK Roy. Also, he finds banking sector attractive with a longer-term perspective.

  • LIC Hsg Fin eyes FY14 margins around 2.5%; growth above 20%

    LIC Hsg Fin eyes FY14 margins around 2.5%; growth above 20%

    VK Sharma, MD & CEO, LIC Housing Finance told CNBC-TV18 they gave aggressively plans to double their developer‘s loan book.

  • Will invest Rs 2.15 lakh-cr in equities in FY14: LIC Chmn

    Will invest Rs 2.15 lakh-cr in equities in FY14: LIC Chmn

    India's largest domestic institutional investor, Life Insurance Corporation of India (LIC) invested Rs 23,000 crore in equities for the financial year 2013, informs Chairman DK Mehrotra. “We have not rushed into it in Q4 to buy more stocks…but it has been smooth and uniform participation for us in 2012-13,” he told CNBC-TV18 in an interview.

  • Urban Housing Fund norms to be finalised shortly: NHB head

    Urban Housing Fund norms to be finalised shortly: NHB head

    The National Housing Bank (NHB), the regulator for housing finance companies in India is ramping up its efforts on affordable housing, typically priced below Rs 25 lakh. It has almost finalised the scheme for Urban Housing Fund (UHF) of Rs 2,000 crore, recently announced in the Union Budget 2013.

  • Three strategies to attain 2.7% NIM: LIC Housing chief

    Three strategies to attain 2.7% NIM: LIC Housing chief

    LIC India promoted LIC Housing Finance (LICHF) has embarked on a three-pronged strategy to attain a net interest margin in the range of 2.5-2.7% in 2012-13. Net interest margin or the different between interest earned and paid out stood at 2.10% in Q2, FY13 compared with 2.18% in Q1, FY13.

  • SEBI move to lower borrowing cost up to 25bps: LIC Housing

    SEBI move to lower borrowing cost up to 25bps: LIC Housing

    After the Securities and Exchange Board of India (SEBI) allowed debt-oriented mutual funds to invest up to 10 percent of their net assets in housing finance companies, VK Sharma, Director & Chief Executive, LIC Housing Finance believes the companies will now get additional funding of Rs 50,000 crore.

  • LIC Housing Fin expects no further decline in NIMs in FY13

    LIC Housing Fin expects no further decline in NIMs in FY13

    In an interview with CNBC-TV18, VK Sharma, Director & Chief Executive of LIC Housing Finance said the company is waiting for the right opportunity to launch QIP. He is also not expecting NIMs to decline further from the current levels.

  • V K Sharma, LIC Housing Finance: A CM in action!

    V K Sharma, LIC Housing Finance: A CM in action!

    His bosses describe him as CM, the crisis manager. There were good numbers of case studies within the group to justify this new acronym. However, it was publically evident when he had taken charge of LIC Housing Finance (LICHFL) in November, 2010. Meet V K Sharma, the chief executive of LICHFL.

  • Plan to raise Rs 7000-8000cr in Q4: LIC Housing Fin

    Plan to raise Rs 7000-8000cr in Q4: LIC Housing Fin

    In order to meet its lending needs, LIC Housing Finance plans to raise close to Rs 7000-8000 crore in the last quarter of this fiscal.

  • See net interest margins around 2.7% in FY12: LIC Housing

    See net interest margins around 2.7% in FY12: LIC Housing

    In an interview to CNBC-TV18, VK Sharma, director and chief executive officer of LIC Housing Finance says, in the next six months, the company’s target is to disburse Rs 2,000-3,000 crore. He expects net interest margins to be around 2.7% at the end of the year.

  • Took corrective steps at all levels post scam: LIC Hsg Fin

    Took corrective steps at all levels post scam: LIC Hsg Fin

    LIC Housing Finance reported a net profit of Rs 213 crore as compared to Rs 154 crore it declared a year ago. In an interview with CNBC-TV18, VK Sharma, the company's Director and CEO spoke on the numbers and gave his perspective on business post the bribes-for-loans scam.

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