Incremental cost of funds was down at 8.9% as compared to 9.4% in 3QFY15, which should aid NIM expansion. However, the competitive intensity in this segment remains high with large banks vScore: vScore (Value Score) is our proprietary company rating system f and housing finance companies reducing home loan rates by 2025 bps. LICHF has not yet reduced its benchmark lending rate; we expect the company to follow suit. Hence, benefit to NIMs will be limited even as we expect fall in cost of funds Healthy loan growth: Loan growth for the quarter came in at 19%...