LIC HOUSING FINANCE LIMITED Concentration of Public Deposits, Advances, Exposures and NPAs
1. Concentration of Public Deposits | |
(₹ in crore) | |
Particulars | As at Dec 31, 2023 |
Total Deposits of twenty largest Public depositors | 1,109.47 |
Percentage of Deposits of twenty largest Public depositors to Total | 11.70% |
Deposits of the Company | |
2. Funding Concentration based on significant counterparty (both deposits and borrowings)
Number of | % of Total | % of Total | |||
Sr No. | Particulars | Significant | Amount (₹ in crore) | ||
deposits | Liabilities | ||||
Counterparties | |||||
1 | Deposits | Nil | Nil | Nil | Nil |
2 | Borrowings | 21 | 1,70,987.98 | NA | 67.52% |
Note : Considered counterparties which are > 1% of total liabilities
3. Top 20 Large Deposits: | ||
(₹ in crore) | ||
Percentage of Total | ||
Particulars | Amount | Deposits |
Total of top 20 large deposits* | 3,919.75 | 41.33% |
*Including Corporate deposit
Top 10 borrowings:
Particulars
Total of top 10 borrowings *Excludes Deposit
(₹ in crore)
Percentage of Total
Amount Borrowings *
1,27,591.2954.33%
4. Funding Concentration based on significant instrument/product.
(₹ | |||
in crore) | |||
Sr No. | Name of the instrument/product | Amount | % of Total Liabilities |
1 | Banks and Other Financial Institutions | 86,882.42 | 34.31% |
2 | NHB Refinance | 10,343.58 | 4.08% |
3 | Non-Convertible Debentures | 1,26,882.06 | 50.10% |
4 | Tier II bonds | 1,796.15 | 0.71% |
5 | Commercial Papers | 8,951.61 | 3.53% |
6 | Deposits | 10,218.47 | 4.04% |
Total Borrowings | 2,45,074.29 | 96.77% | |
Total Liabilities | 2,53,242.60 |
5. Stock Ratios | ||
Sl. No. | Particulars | As at Dec 31, |
2023 | ||
a | Commercial Paper as a % of Total Public Fund | 3.65% |
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b | Commercial Paper as a % of Total Liabilities | 3.53% |
c | Commercial Paper as a % of Total Assets | 3.16% |
d | Non-Convertible Debentures (Original maturity of less than one | Nil |
year) as a % of Public Funds | ||
e | Non-Convertible Debentures (Original maturity of less than one | Nil |
year) as a % of Total Liabilities | ||
f | Non-Convertible Debentures (Original maturity of less than one | Nil |
year) as a % of Total Assets | ||
g | Other short team liabilities as a % of Total Public Fund | 3.13% |
h | Other short team liabilities as a % of Total Liabilities | 3.03% |
i | Other short team liabilities as a % of Total Assets | 2.70% |
Note : Total Public funds consist of NCD, CP, Bank Loan, LOC & Subordinate Debt.
6. Institutional set-up for liquidity risk management
Measuring and managing liquidity needs are vital for effective operation of the Company. By assuring Company's ability to meet its liabilities as they become due, liquidity management can reduce the probability of an adverse situation developing. The importance of liquidity transcends individual institutions, as liquidity shortfall in one institution can have repercussions on the entire system.
Liquidity Risk implies the risk of not having sufficient funds to discharge the liabilities. Various situations can give rise to liquidity risk such as higher than estimated disbursements, stress on systemic liquidity due to CRR hikes, higher government borrowing program, advance tax outflows, etc. Therefore, it is imperative to anticipate the net cash outflows correctly, as well as to have a contingency plan in case of any unforeseen outgo of funds. Another aspect of liquidity management is avoiding retention of too much of excess liquidity than what may be required, as the same would result in sub-optimal returns on investment. So the Company has to strike a balance between the above two factors and manage the liquidity position actively / effectively.
The liquidity risk management framework of the Company includes the Risk Management Committee (RMC) of the board which has been constituted by the Board of Directors of the Company. The Risk Management Committee (RMC), which is a committee of the Board, is responsible for evaluating and monitoring the integrated risk management system of the Company including liquidity risk The RMC reviews the liquidity risk position in line with policies and procedures to manage liquidity risk in accordance with limits approved by the Board of Directors. The ALCO is entrusted with ensuring adherence to the board approved Asset Liability Management (ALM) policy and other regulatory guidelines, including Structural Liquidity, Dynamic Liquidity, Interest Rate Sensitivity, etc. The ALM Policy is reviewed periodically in accordance with regulatory guidelines.
LCR Disclosure Q3 FY 24 | ||
Liquidity Coverage Ratio (Q3 FY 2023-24) | ||
Rs. | ||
Crs | Start Date | 01-Oct-23 |
End Date | 31-Dec-23 | |
2 |
Cash outflows | ||
1 | Deposits (for deposit taking companies) | 768.58 |
2 | Unsecured wholesale funding | 1,148.88 |
3 | Secured wholesale funding | 5,805.48 |
4 | Additional requirements, of which | |
i | Outflows related to derivatives exposure and other | 0.00 |
collateral requirements | ||
ii | Outflows related to loss of funding on debt products | 0.00 |
iii | Credit and liquidity facilities | 0.00 |
5 | Other contractual funding obligations | 886.15 |
6 | Other contingent funding obligations | 122.39 |
A | Total Cash Outflows | 8,731.48 |
B | Stressed Cash Outflows (A*115%) | 10,041.20 |
Cash inflows | ||
7 | Secured Lending | 0.00 |
8 | Inflows from fully performing exposures | 5,106.73 |
9 | Other cash inflows | 16,086.37 |
C | Total Cash Inflows | 21,193.10 |
D | Stressed Cash Inflows (C*75%) | 15,894.83 |
Total Net cash outflows over next 30 days = B - min. ( | 2,510.30 | |
E | D, 75%*B) | |
HQLA (actual) | 4465.46 | |
LCR | 177.89% |
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LIC Housing Finance Limited published this content on 18 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 May 2024 02:33:07 UTC.
