LIC Housing Finance sees balance transfers jump amid rising rates

LIC Housing Finance saw net balance transfers out increase to Rs 15 billion in Q1 from Rs 11.9 billion in Q4, lowering FY27 loan growth guidance to 8–10%. For insurtech and lending tech builders, balance transfer risk is now a primary underwriting variable—borrower propensity to switch needs real-time monitoring.

Source: ET BFSI ↗