LIC Housing Finance Limited (LICHFL), a prominent player in the Indian housing finance sector, has announced its deregistration as an aggregator under the NPS-Lite Swavalamban Scheme. This development marks a significant change in the company's involvement with the pension scheme sector.

Key Points of the Deregistration

• Effective Date: The deregistration took effect from July 9, 2025.
• Regulatory Body: The Pension Fund Regulatory and Development Authority (PFRDA) issued the deregistration letter.
• Scope: LICHFL has surrendered its Certificate of Registration as a Point of Presence (PoP) under the scheme.

Impact and Implications

The deregistration of LIC Housing Finance as an aggregator under the NPS-Lite Swavalamban Scheme could have several implications:

1. Reduced Pension Services: LICHFL will no longer facilitate the NPS-Lite Swavalamban Scheme, potentially affecting its service offerings in the pension sector.
2. Strategic Shift: This move might indicate a strategic decision by the company to focus on its core housing finance business.
3. Regulatory Compliance: The deregistration ensures LICHFL's alignment with current regulatory requirements and its operational focus.

Company's Official Communication

In an official intimation to the National Stock Exchange of India and BSE Limited, Varsha Hardasani, Company Secretary & Compliance Officer of LIC Housing Finance Limited, stated:

"LIC Housing Finance Limited, formerly registered as an Aggregator under the NPS-Lite Swavalamban Scheme, has been de-registered as an Aggregator under the NPS-Lite Swavalamban and has surrendered the Certificate of Registration as a Point of Presence (PoP) with effect from 9th July, 2025."

This announcement ensures transparency with investors and complies with regulatory disclosure requirements.

About NPS-Lite Swavalamban Scheme

The NPS-Lite Swavalamban Scheme is a pension scheme designed to provide social security to economically disadvantaged sections of society. Aggregators play a crucial role in this scheme by facilitating the enrollment and servicing of subscribers.

While this development represents a change in LICHFL's service portfolio, it's important to note that the company continues to be a significant player in the housing finance sector. Investors and stakeholders should monitor how this strategic move might impact the company's future business focus and financial performance.

LIC Housing Finance , a prominent player in the housing finance sector, has reported an improvement in its net interest margins (NIMs) for the fourth quarter. The company's performance and future outlook have caught the attention of market analysts.

Performance Highlights

LIC Housing Finance saw its net interest margins rise to 2.86%, marking a 16 basis points increase quarter-on-quarter. This improvement in margins suggests the company's ability to manage its interest income and expenses effectively in a competitive market environment.

Financial Performance

The company's financial results show a mixed picture:

Despite the improvement in NIMs, the company experienced a slight decline in net profit and earnings per share compared to the previous quarter. However, revenue showed a positive growth of 3.33% quarter-on-quarter.

Future Outlook

Looking ahead, LIC Housing Finance has provided guidance for double-digit Assets Under Management (AUM) growth. This ambitious target reflects the company's confidence in its business model and the potential for expansion in the housing finance market.

Analyst Perspective

Nirmal Bang, a notable financial services firm, has maintained a 'Buy' rating on LIC Housing Finance stock. However, the brokerage firm has expressed caution regarding potential pressure on the company's net interest margins. This pressure is expected to stem from two main factors:

1. Increasing competition in the housing finance sector
2. Volatility in interest rates

These factors could potentially impact the company's profitability in the coming quarters, despite the positive outlook for AUM growth.

Conclusion

LIC Housing Finance's results demonstrate the company's resilience in a challenging market environment. The improvement in net interest margins and the optimistic guidance for AUM growth are positive indicators. However, investors and analysts will be closely monitoring how the company navigates the competitive landscape and manages potential margin pressures in the upcoming periods.

As the housing finance sector continues to evolve, LIC Housing Finance's performance in the coming quarters will be crucial in determining its position in the market and its ability to deliver value to shareholders.