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Higher additional provisioning roils LIC HFL numbers, net plunges 37%

The LIC subsidiary has made additional prudential provisions of Rs 7,285.09 crore during the quarter, taking its coverage rate to 51 per cent against Rs 5,715.76 crore in December 2021 and Rs 6,522 crore in September 2022.

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​ The LIC subsidiary has made additional prudential provisions of Rs 7,285.09 crore during the quarter, taking its coverage rate to 51 per cent against Rs 5,715.76 crore in December 2021 and Rs 6,522 crore in September 2022. The LIC subsidiary has made additional prudential provisions of Rs 7,285.09 crore during the quarter, taking its coverage rate to 51 per cent against Rs 5,715.76 crore in December 2021 and Rs 6,522 crore in September 2022.  Moneycontrol Latest News Read More  

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