We saw a phase after that when new infra projects came up and banks financed those despite not having long-tenure liabilities to match these assets. As a result, we saw NPA issues in the banking system because of delays in infrastructure projects.
LIC Housing Finance Q4 Results: Profit rises 25% YoY to Rs 1,368 crore on lower provisions
LIC Housing Finance witnessed a 25% surge in Q4 net profit, reaching Rs 1368 crore, driven by reduced provisions for bad loans. While net interest