AU Small Finance Bank · Analyst questions, management answers, and the quality of the response where the ledger is available.
ConCallIQ research layer
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Questions audited
12
Answered directly
33%
Numeric claims
0
Consistency
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Question ledger
Bhavesh Kanani · ASK Investment Managers
directSo, Bhavesh, before Mayank... First, the number is confirmed. You're absolutely right, that broadly the credit cost on the credit card book in this quarter is in the range that you mentioned.
Bhavesh Kanani · ASK Investment Managers
partialOh, yeah. So thank you, Bhavesh. So I think I commented on my narrative is just that this is a very tough environment. You know, liquidity is a challenge, but, overall, we have performed very well.
Renish Bhuva · ICICI Securities
partialSo I think we would give you a better guidance by next April once we get entire thing in place. But I would say the you should assume that, you know, the normal AU book should give you that this kind of credit cost, which is 0.5%-0.6% range, and maybe 6%-7% range of credit cost of like credit cost, and of course, 3% on microfinance book.
Renish Bhuva · ICICI Securities
directSo as mentioned on slide number 19, our overall securitization book has been increasing... Now we have followed the matching principle to recognize both interest expenses and interest income in the same quarter to remove any lag impact.
Kunal Shah · Citigroup
evasiveKunal, very important question, but you know, very early days, you know, we have worked strongly on our deposit franchise... So I would say that, there is a narrative from the other stakeholders also, the whole regulatory framework also, where we, we need to calibrate our growth also, right?
Kunal Shah · Citigroup
evasiveOf course, if you add on math, you know, the data which you are describing with you there, but, you know... We are running a bank, right? So there are many vectors that support us.
Shubhranshu Mishra · PhillipCapital
partialYeah, Shubhranshu, I'll answer all your questions. I'll take the first question from the limit side. So, Shubhranshu, on the limit side, if you see, you must be comparing this limit with the average limit of the industry, whereas the industry portfolio has built in over a year...
Manish Shukla · Axis Capital
partialSo, Manish, hi, this is Prince here. Now, of course, there is a large fee component in the entire credit card business, right? So while home loan only has a, you know, typically an NII business with some processing fee, credit card has a equally strong, fee business...
Manish Shukla · Axis Capital
evasiveManish, I, you know, I can understand your question now. So I would say that that is why I'm saying to you that if you go back in the history of Indian banking, it's not easy to build bank, you know. It requires some patience...
Param Subramanian · Nomura
evasiveParam, Param, just, just hold on. See... I think we have been talking about credit cards a lot, right? Just for everyone's benefit. We have very clearly articulated that credit card is a business, and everyone knows it, including yourselves.
Param Subramanian · Nomura
evasiveNo, fair question. Fair question. And in fact, this question was asked to us when the, you know, the entire circular also came up around, unsecured lending. Please understand, and, I mean, through you, I want to, you know, send this message or request everyone to understand that I am not... My credit card business is a liability business.
Madhuchanda Dey · MC Pro
evasiveThanks, Madhu. And again... a long-term question where, probably it involves merger... So that's where we are again and again saying that allow us probably April quarter or this quarter, for us to come back with a more clearer strategy...
