LIC has been growing at afairly steady rate and not long ago their portfolio was hardly INR 330 bln equal to ING an d now Indus Ind bank but while smaller banks have been stuck on the assets front NBFC loans have allowed NBFCs to grow their developer portfolios while LIC has been able to focus on real housing loansa book of INR 59000 crores or $12 bln allowing it a assured income of almost $360 mln ata moderate NIM of 3% esp as the lender maintains tight control over NPAs

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