LIC Housing Finance posted healthy operating performance for Q2FY20. Net interest income (NII) rising by 19.3% and Net interest margins (NIM) remained largely stable. However, the asset quality continues to deteriorate with gross NPA at 2.38% as compared to 1.98% during Q1FY20, largely led by rise in the developer segment NPA which has increased to 14.8% from ~11% in the previous quarter. Management is hopeful of recovery going ahead but concerns are likely to persist and remain as the key overhang on the stock. Thus,...