LIC Housing Finance (LIC HF) plans to expand its branches in new geographies, increase focus on high-yielding loan against property (LAP) and intensify recovery efforts as it consolidates its position as the largest housing finance company after the merger of larger rival Housing Development Finance Corp with its banking arm. LIC HF CEO Y Viswanatha Gowd said the company expects to improve its net interest margin (NIM) and increase loan disbursements this fiscal.