AUBANK / Q1-FY24 / claim-ledger

Audit the questions that mattered.

AU Small Finance Bank · Analyst questions, management answers, and the quality of the response where the ledger is available.

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WatchQ1-FY24 · 2023-07-22Back to quarter ↗

Questions audited

Answered directly

59%

Numeric claims

Consistency

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Question ledger

What was answered, and how?

Renish Bhuva · ICICI Securities

partial

Confidence in deposit mobilization after rate cut and excess liquidity exhaustion.

Our last four years CAGR on deposit growth is around 35%, north of 35%, right? We have built more or less on everything... we want to have a deposit-led asset growth strategy...

Renish Bhuva · ICICI Securities

partial

Reason for muted FBL growth and rising stress in the segment.

It's more of a cyclic thing, we always have this uptick in Q1 on GNPA... on the demand side... the ground situation has pretty changed in terms of demand. Incrementally we might see numbers coming back to normal.

Nitin Aggarwal · Motilal Oswal Financial Services

partial

Trend in disbursement yield after 29 bps increase this quarter.

Team has done a very good job in last 1 quarter that they are able to pass on around 30 bips. I think incrementally we will do better here... Overall our 64% book is around fixed...

Nitin Aggarwal · Motilal Oswal Financial Services

evasive

Contribution of AD-1 license to revenue and plans for universal banking license.

Next year will be too early to comment that it will have a large income pool for us... In three-year term you will see it on a size and scale... We are not in hurry to become universal.

Nitin Aggarwal · Motilal Oswal Financial Services

declined

Incremental cost of funds after deposit rate cut.

We have kind of stopped giving for last couple of quarters... You make a educated guess around the blended rate, and that's where we would be.

Madhuchanda Dey · Moneycontrol

partial

Long-term ROA and cost-to-income trajectory by 2027.

Cost-to-income ratio can be around 55, 56, our ROA can be north of 2% again... don't hold me for these numbers...

Shailesh Kanani · Centrum Broking

direct

Size and classification of ECLGS exposure.

It is about INR 560 crores... Bulk of it is standard, and there is some amount of NPA.

Kunal Shah · Citigroup

direct

Trade-off between margins and growth; willingness to compromise growth for margins.

We are very confident that we'll be able to deliver the growth that we have talked about with this kind of margins.

Kunal Shah · Citigroup

direct

Credit cost trajectory after using COVID buffer and higher slippages.

For the full year, our credit cost guidance doesn't change very dramatically from where we were in FY23... we don't really see a material change in our credit cost.

Prakhar Agarwal · Elara Capital

direct

Rationale for using INR 62 crore COVID buffer in one quarter.

Given that specific contingent event has gone through, we have been utilizing that... Enough buffer is already there in the balance sheet in terms of provisioning.

Prakhar Agarwal · Elara Capital

direct

Normalized credit cost level for the business model.

Ultimate credit cost, an entire book should not exceed 0.5%. That's my overall sense.

Param Subrahmanian · Nomura

partial

Credit cost assumptions for credit card business and impact on overall credit cost.

Almost we are also as of now, we are quite low than this, but yes, as the business build up... we are also thinking of keeping it in the same range.