Q1-FY25 · Vivek Kumar Dewangan
If we maintain this 17% growth in the next four years, we'll be able to double our asset under management to about INR 1,000,000 crore by the year 2028-29 itself.
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Q1-FY25 · Vivek Kumar Dewangan
We hope that all these INR 2,000 crore write-back will get in the current financial year itself. After that, it will be only standard asset provisioning to be there. Nothing else.
Q1-FY25 · Vivek Kumar Dewangan
We have been able to reduce our average cost of funds by 18 basis points. From last Q1, it was 7.23%. Now our average cost of funds is about 7.05%.
Q1-FY26 · Jitendra Srivastava
We resolved, I mean, we are not only just focusing on growth, but we are also focusing on the quality of our loan assets. This year, we have not had any new addition to our NPAs, and our net credit impaired assets have reduced to 0.24% from 0.82%, and we are targeting to become a net-zero NPA company by the end of this financial year.
Q1-FY26 · Jitendra Srivastava
Going forward, we are confident that our spread will remain in the region of 2.75%-3%, and our NIM in the range of 3.5%-3.75%.
Q1-FY26 · Harsh Baweja
We expect that by the FY 2026 end, all the projects, we expect that it will be resolved... we further expect that in case if all these assets are resolved, the total reversal would be around ₹700-₹800 crore during the year itself. That is the minimum which we are expecting.
Q2-FY25 · Vivek Kumar Dewangan
Even if we take a conservative estimate, even if we grow at the rate of 15%, our asset under management would be doubled to about ten lakh crore by the year two thousand thirty. But if we are able to sustain this 17% growth, perhaps we may be doubling the asset under management by the year two thousand twenty-eight, twenty-nine.
Q2-FY25 · Vivek Kumar Dewangan
In renewable energy projects, we have recently signed MOUs worth one lakh twelve thousand crore when we had participated in RE Invest Summit in Gandhinagar last year, we have signed MOUs worth one lakh two lakh eighty-five thousand crore.
Q2-FY25 · Mohan Lal Kumawat
The advantage with respect to REC is that we can give longer ten-year loan. Our tenure of the loan can go up to 85% of the project life. So normally, the project life is about 20, 25 years, and tenure of loan can go up to 18 to 20 years, while banks typically give loans for a tenure of 10 to 12 years only.
Q2-FY26 · Jitendra Srivastava
We are looking at almost INR 46 lakh crore will be required over the next four or five years towards the entire power sector. Even assuming that out of every four bulbs glowing in India, one is financed by REC, which is an indicator of roughly 20%-25% market share. Even if we maintain it, we are looking at roughly INR 10 lakh crore over the next five years.
Q2-FY26 · Jitendra Srivastava
These pre-payments that have been received are those pre-payments which have primarily come from our borrowers returning the payment due to internal accruals. We honestly don't foresee too many prepayments coming in the remaining two quarters. If we continue to maintain our disbursements, I don't see any reason why we should not touch 11%-12% by the end of this financial year.
Q2-FY26 · Jitendra Srivastava
Privatization is a thing which is going to happen or may happen, may not happen. What are the pitfalls? We are presuming privatization will be good. There could be pitfalls there. A lot of issues are there. Let things unfold. Let us not put the cart before the horse.
Q3-FY25 · Vivek Kumar Dewangan
Our disbursement has reached that level [INR 161,000 crore of last year], and still about one and a half months is left. We hope that disbursement in the current financial year is going to increase substantially.
Q3-FY25 · Harsh Baweja
This is one area where in fact we were saying this in the past that from this year onward, this particular segment [RDSS] will pick up, and we'll see the disbursement happening going forward as well.
Q3-FY25 · Vivek Kumar Dewangan
We hope to maintain the NIMs of more than 3.65% to about 3.7% going forward. We'll be able to hold on to the NIMs.
Q4-FY25 · Jitendra Kumar Srivastava
Had the prepayment not been received, the growth in our loan book would have been close to 18% on a year-on-year basis.
Q4-FY25 · Jitendra Kumar Srivastava
We are very confident that we will maintain the spread in the range of 2.75%-3%, and the NIM in the range of 3.5%-3.75% for the coming year.
Q4-FY25 · Vijay Kumar Singh
We are very, very particular about the quality of asset. And as I said, that we take up the project for funding only when the PPA is signed. Not alone PPA, but there are other critical factors like open access is also one of the major issues which causes financial stress.