The HFC from the $35 bln topline Life Insurance Corporation maintained its new found growth momentume and is hopefully still in purchase for a new banking license when it happens in 2012 or 13. Its sales grew 22% and profits 20% to Rs136 bln and INR26 bln. A TV18 poll predicted even higher profits of INR 29 bln but the earnings miss should not affect the mortgage specialist's prospects as it will retaiun its advantage in a high interest rate scenario against rate hsopping banks like ICICI Bank

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