LIC Housing Finance (LICHF's) chief executive T Adhikari on Thursday said a muted loan growth of 4 per cent is a matter of concern for the lender and it will aim to accelerate it to 10-12 per cent in this financial year.
The home finance company will also look at upping its play in the affordable housing segment in the new fiscal, he said, adding that its share of the overall book will double in three years.
"The muted loan growth of 4 per cent is a matter of concern, but I am confident of double-digit growth in FY25,"
Adhikari told reporters a day after the company announced its March quarter results showing a nearly 8 per cent dip in profits.
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