Bajaj Finance · Analyst questions, management answers, and the quality of the response where the ledger is available.
ConCallIQ research layer
Use the controls below to narrow the view, then follow the evidence into the next layer of context.
Questions audited
12
Answered directly
58%
Numeric claims
0
Consistency
—
Question ledger
Viral Shah · IIFL Capital
partialevery incident must have learnings and a course correction plan. There are learnings that we've taken. The NRC and the board have extensively discussed this matter and have provided necessary guidance. I have to go back to the board and the NRC in the next six months' time with a detailed succession planning process.
Viral Shah · IIFL Capital
directGiven the trajectory of rate cuts that we are seeing from RBI, we did comment that there could be a –10 basis point of positive bias on the NIM number. Given that there has been 50 basis point rate cut in the last round and the 20 basis point overall improvement in the cost of fund that we are seeing in the current quarter, I think we are reasonably confident that probably 10 basis point of NIM expansion could happen by end of the year.
Viral Shah · IIFL Capital
directOn the fee income side, we have guided for 13%–15% for the current year. That continues to hold true. As far as credit cost is concerned, we continue to hold 185-195 basis points of guardrail for the current year on a full-year basis.
Viral Shah · IIFL Capital
partialWe principally track 17 key industries in MSME, out of which 13 that we are seeing are exhibiting signs of slowdown. Three are actually showing contraction. Clearly, slowing economy and a drop in credit supply is, at one level, it's good.
Piran Engineer · CLSA
partialThe only way to do it is to offer him remediation. That is why, as when I talked about it, we never did restructuring. That is the only thing that we can do for a customer who is honest, who principally got, if I may say so, leveraged.
Piran Engineer · CLSA
direct4% now. 4%. That is what it used to be.
Kunal Shah · Citigroup
evasiveYes. As Viral said, what are the learnings. John, are the learnings.
Kuntah Shah · Oaklane Capital
partiala 4.7 million new customer acquisition after last two years of record 15 million and 16 million. Even I'm a little surprised at times. Thank God, desh me population is okay. As much in a lighter vein, as on a serious point, I think we have built distribution which is able to generate that kind of top of funnel.
Kuntah Shah · Oaklane Capital
partialThe way the group is organized, it is a federal structure. We allow companies to be independent. We allow companies to make their own decisions. Some of the companies which have larger profit pool are significantly, and profit pool leads to investment pool. Investment pool leads to ability to deploy, as I just presented in the AGM, 150 people we dedicated on January 1 to AI.
Abhishek M · HSBC
partialinvested MSME portfolio is 60. 50,000 crore. In that, principally, doctors is 15,000. Doctors is 15,000 crore. Even there, we are seeing pressure, let me tell you. This segment did not trouble us even in COVID, actually.
Chintan Joshi · Autonomous
directThe liquidity buffers were deployed more in terms of mutual funds in the last quarter. The mutual fund income goes and sits in a separate line item, which is net gain on fair value change. Adjusted for that, NIM was largely flat-ish on a QOQ basis.
Abhijit Tibrewal · Motilal Oswal
evasiveDon't read anything into it. Wait till Q2 end. We'll also have greater clarity. Right now, as Sandeep likes to say, it's not guidance, it's assessment. The assessment is. What we published as part of Q4 holds.
