BANDHANBNK / Q2-FY25 / claim-ledger

Audit the questions that mattered.

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

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WatchQ2-FY25 · 2024-10-22Back to quarter ↗

Questions audited

Answered directly

83%

Numeric claims

Consistency

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Question ledger

What was answered, and how?

Piran Engineer · CLSA

partial

How should we think about slippages in coming quarters?

I will talk about percentages... we have seen the slippages a little elevated in this quarter itself by 225 crores. What we've also highlighted is the DPD pool... by almost 500 crores. Overall, as we have guided our credit cost... we will be in the range of 1.8% to 2% of credit cost on advances for the full financial year.

Piran Engineer · CLSA

direct

What percentage of customers are unique to Bandhan?

Bandhan Bank unique is 60%. Bandhan +2, 80%. For us, Bandhan +4 and above is 4.5%.

Piran Engineer · CLSA

direct

What is the 'others' line item in other income?

This actually includes a portion of income that we have seen from the treasury team, which is basically profit on sale of certain investments and the revaluation gains, which totals to about INR 80 crores... not a sort of a regular feature every quarter, so this can be taken as a one-off.

Prabal Gandhi · Ambit Capital

partial

Is forward flow rate from SMA to NPL higher this cycle?

Overall, if you see whatever elevation we have got on our SMAs, those typically we are able to always collect 50% and above... 50% of that, whatever was got elevated, INR 5,500 crore odd, we typically collect.

Prabal Gandhi · Ambit Capital

direct

What is the asset quality in the commercial banking book?

Our asset quality in commercial book, as of now, is pristine, I would say. In fact, 93%+ is A+ and above, A- and above, so the book quality is exceptionally strong.

Prabal Gandhi · Ambit Capital

direct

How much of commercial banking is NBFC/MFI/corporate?

Total, INR 3,000 crore.

Prabal Gandhi · Ambit Capital

direct

Would you raise capital given asset quality pain?

As of now, our growth targets of 18% ± 1, with more secured buyers, will continue to happen... we are fairly comfortable at 15.6%. Having said that, we will continue to watch this space... for the next four quarters, we don't see any need for us to do that.

Jai Mundhra · ICICI Securities

partial

How do you view MFI disbursement going forward?

We have decided to be a bit more secure... quarter two, purposely, we have decided to be a bit more watchful and careful... we would like to maintain similar watchful, cautious posture in quarter three as well.

Jai Mundhra · ICICI Securities

direct

Is there a difference in individual vs group delinquency in MFI?

While both are operating in the similar band, but clearly, individual is doing better than the group at this stage for us.

Nitin Aggarwal · Motilal Oswal

partial

Why have NIMs held up despite MFI mix decline?

The yield difference is roughly around 10% between the EEB book and the overall secured portfolio books.

Prakhar Sharma · Jefferies

direct

How much of the book has gone through new underwriting standards?

Out of the total 60,000-odd crores, round about, book that we have, 3,000 crores will be pre-April 2023 regime, when we started putting those cooling period guardrails.

Abhishek Murarka · HSBC

direct

What credit cost assumption for EEB in guidance?

Around 3%+.