GIC Housing Finance Ltd. (GICHF), incorporated in Dec 1989, is one of the old housing finance companies in India. Loan book of the company has been growing at significant at ~20% over the past few quarters, NIM was maintained at around 3.8%. While competitive lending rate and rising yield can put pressure on margins, the company is moving into a ambit of strong growth and profitability which would provide support to sustain NIM at comfortable level. GNPA at 3.3% by Q3FY18 was on higher side compared to peers, efforts related to R&U; of NPAs and reducing exposure to LAP portfolio are the key GICHF's initiatives towards improving assets...