Chintan Shah · ICICI Securities
directCustomer profile in unsecured MSME and how guarantee scheme works.
Your first question on the unsecured SME, if you look at our total book, it is INR 12,000 crores. Out of that, 1.6% is supply chain... Then we have 6.5% which is business loan... The more ticket unsecured loan, we call it STUL, that is around 1.3%... In terms of your second question... 53% of the stage three is guaranteed by the CGT SME government guarantee... 75% of the principal gets covered by the guarantee and timeline is it takes between 12-18 months.
Chintan Shah · ICICI Securities
evasiveWhen will unsecured MSME disbursements normalize?
If you look at our business loans, we will continue to grow our business loan in our portfolio in that segment... We will continue to grow the short-term unsecured business. What we are tightening is the small, ticket unsecured load, and we will continue to watch that and see how it really performs.
Chintan Shah · ICICI Securities
directSize of small ticket unsecured loan portfolio.
That's close to INR 1,700 crore, which is there on the total portfolio.
Chintan Shah · ICICI Securities
partialRisk only on INR 1,700 crore portfolio?
From a sourcing point of view, yes. In terms of portfolio, this is the portfolio that would have been underwritten 12, 18 months back or three to four months back. Yes, we are watching it very closely.
Chintan Shah · ICICI Securities
directCompetition and growth outlook for housing portfolio.
For us, growth is coming in all the three segments, affordable, prime, and developer. ... the BT out ratio remains quite similar to where we were in the month of quarter three. ... I think we can see the growth momentum remaining quite consistent for us.
Avinash Singh · Emkay Global
partialNIM trajectory and consumer leverage outlook.
If you look at NIM, it is an outcome of the correct mix which we have. ... We expect that as the portfolio grows and our unsecured business, because business loans growth, our margins should start improving. In the next few quarters, you will see margins improving from here on.
Avinash Singh · Emkay Global
directCapital raising plans given growth.
Yes, our tier one ratio is 15.62% and total cap add is at about 18.11%. ... we are sufficiently funded for our growth requirement for next nine to 12 months and to look at any capital situation post that.
Abhijit Tibrewal · Motilal Oswal
directStress only in small ticket unsecured loans?
Yes, Abhijit, you are right. We are not seeing any stress in any other portfolio.
Abhijit Tibrewal · Motilal Oswal
directGovernment guarantee coverage at overall portfolio level.
Similar, upwards of 50% is covered on the overall portfolio on the business and STUL.
Abhijit Tibrewal · Motilal Oswal
partialTrends in LAP portfolio and micro LAP exposure.
If you look at touchpoint, I think the performance is very, very strong both in terms of the overall performance, and this is our oldest portfolio. ... Even if you see the time period which you just mentioned, both our stage two and stage three has come down significantly.
Abhijit Tibrewal · Motilal Oswal
declinedWrite-off amount in NBFC and HFC.
We do not disclose write-off as of now. I think, we will stay with that.
Punit Bahlani · Macquarie
partialProvision coverage adequacy and OpEx improvement in HFC.
As I mentioned, 75% of the principal is guaranteed. We believe that 35.7% or 36% PCR is quite sufficient in this work.
