LIC Housing Finance Ltd (LIC Hsg) Q2FY20 results were in line with the street expectation except for asset quality. Core performance was encouraging with pre-provision operating profit growing 36% YoY aided by Non Interest Income growth of 16% and healthy Cost to Income ratio of ~11%. NIMS improved marginally to 2.42% vs. 2.35% QoQ. The same can be attributed to decline in incremental cost of funding by 20 bps QoQ. However, its...