LIC Housing Finance recovers ₹553 crore from retail portfolio
In short
LIC Housing Finance said it recovered ₹553 crore from its retail portfolio in Q2. It is also aiming for 14% to 15% growth in disbursements.
The company is looking at lease rental discounting, loans against property, and other non-housing loans to widen its business. It is not stated how much of the recovery came from bad loans or when the growth target will be reached.
What the reporting says
LIC Housing Finance recovered ₹553 crore from its retail portfolio in the second quarter and is targeting 14% to 15% growth in disbursements, according to the headline and summary. The company is also exploring lease rental discounting, loans against property, and other non-housing segments to diversify its portfolio and improve yields. The reporting does not say how much of the recovery is stressed debt or whether the growth target will be met.
Why it matters
LIC Housing Finance reported a ₹553 crore recovery from its retail portfolio in Q2 and set a 14% to 15% disbursement growth target. It is also exploring lease rental discounting, loans against property, and other non-housing segments to diversify and improve yields. These moves matter for the lender’s asset mix, growth outlook, and loan quality, but the reporting does not give the full split of the recovery or any execution timeline.