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Greater extra provisioning roils LIC HFL numbers, web plunges 37%

Higher additional provisioning roils LIC HFL numbers, net plunges 37% The LIC subsidiary has made extra prudential provisions of Rs 7,285.09 crore through the quarter, taking its protection charge to 51 per cent towards Rs 5,715.76 crore in December 2021 and Rs 6,522 crore in September 2022.