BANDHANBNK / Q4-FY24 / 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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WatchQ4-FY24 · 2024-04-26Back to quarter ↗

Questions audited

12

Answered directly

83%

Numeric claims

0

Consistency

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Question ledger

What was answered, and how?

Mahrukh Adajania · Nuvama

direct

Breakdown of technical write-off between CGFMU and non-CGFMU, and what drove the write-off.

the CGFMU portfolio within that was INR 3,053 crore, and remaining was about INR 800 crore. ... this is primarily coming from the perspective of looking at what kind of collection has happened on this particular book, and also looking at strengthening our portfolio quality.

Mahrukh Adajania · Nuvama

partial

How to view slippages in context of SMA disclosures going ahead.

our slippage is, as I had mentioned, for quarter four was INR 1,017 crore, which is a significant improvement that we've seen compared to the last quarter of INR 1,390 crore.

Jai Mundhra · ICICI Securities

direct

Is the entire CGFMU audit portfolio already written off with no additional P&L impact?

Correct. That's correct.

Jai Mundhra · ICICI Securities

direct

What is the outstanding provision on the EEB GNPA portfolio?

Jai, we have a PCR of 75% on our EEB portfolio.

Jai Mundhra · ICICI Securities

partial

How should one look at credit cost given slippage stabilization?

our normalized credit cost should be more around 2.5%-2.6% ... Chandra Shekhar Ghosh: 1.8% credit cost in the financial year 2024-2025.

Jai Mundhra · ICICI Securities

direct

What is the sustainable fee income from ARC and provision releases?

around INR 60 crore-INR 80 crore of, you know, income from the ARC recovery, we would expect every quarter.

Jai Mundhra · ICICI Securities

direct

What is the steady state loan growth expectation for FY25?

Total bank, we will, we will 18% plus. ... Rajeev Mantri: roughly around 17% to 18% to 20% growth

Piran Engineer · CLSA

direct

What was the write-off of CGFMU and non-CGFMU book?

Roughly for the CGFMU book was around INR 3,050 crore and about INR 800 crore for the remainder.

Piran Engineer · CLSA

direct

What are the standard asset provisions outstanding?

INR 900 crore plus of standard asset provision that exists.

Piran Engineer · CLSA

partial

Where are slippages coming from and what is the run rate?

slippages primarily coming in from states of Punjab, and also some of that is being carried forward from Manipur. ... Going forward, I think the trajectory would remain similar.

Nitin Aggarwal · Motilal Oswal

partial

How sustainable is the NIM improvement and were there one-offs?

we've seen higher NIM improvement of about 38 basis points. ... as the slippages continue to perform better, we do see an improvement that will help us on the NIMs.

Nitin Aggarwal · Motilal Oswal

direct

Timeline for audit completion and impact on earlier claim?

we believe that we should be able to get a resolution in the next, which is this particular quarter, which is quarter one. ... we do not believe at this stage of any impact of the tranche one claim.