LICHF's PAT was up 22% YoY (in line) to INR7.3b. While PPOP of INR11.6b was largely in line with our estimate, low credit costs of INR1.9b (v/s our estimate of INR2.8b) led to the PAT beat. Similar to peers, LICHF delivered strong loan growth in home loans, while it saw LAP and Builder disbursements similar to prior quarters. Collection efficiency improved to 98% in Dec'20....