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.
FIIs sold about Rs 11,000 crore worth Indian stocks in 2 days of US-Iran war
Foreign investors sold nearly Rs 11,000 crore in two March sessions amid escalating West Asia tensions, surging crude prices and currency volatility. DIIs offered support,