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 margin (NIM) dipped to 2.86% year-on-year, it improved compared to the previous quarter. Total loan disbursement increased by 5% to Rs 19156 crore, with individual home loans contributing significantly.
HDFC Bank to consider first-ever bonus issue and special dividend on July 19
HDFC Bank will hold a board meeting on July 19 to consider its first-ever bonus share issue and a special interim dividend for FY26. The