Debadatta Chand

The profit for this quarter, INR 5,600 possibly is the highest in any quarter for the bank for many years, maybe for the decades.

The loan guidance we are upsizing from the earlier guidance of 11%-13% to 12%-14% considering our performance, subject the global headwinds doesn't impact big time to the Indian market.

The profit numbers that you see for this quarter is purely out of the operation. We don't have any one-off anywhere in the other non-interest income or anywhere which gives slightly elevated level of profit.

Our credit guidance continue to be 11%-13% with upside, which we have done it this quarter and possibly going to do in Q4. Deposit is to be 9%-11%. At the same time, the ROA above 1%. Margin guidance is 2.85%-3%.

The point that I'm driving is a consistence, a consistency in terms of the income-earning potential of the portfolio, and the outcomes are very favorable in terms of a consistency and also at an elevated level of profit that we have operated.

The slippage of this year is lower than that of the slippage last year. The recovery of this year is higher than the recovery that of last year. Within the same year, the recovery is higher than that of slippage.

We are not giving a full year guidance now, the reason being the market is at a very inflection point.

I have not increased during the rise, so why should I reduce during the fall?

We are looking at a very sustainable business model wherein the growth in book, the growth in profit are something strong, robust, and consistent.

Our operating guidance for the margin for the full year is 3.10%. That means 3.05% ± 5 basis points with an upside bias.

The stance continues to be lowering the dependency on bulk deposit. That means this is a percentage of total deposits will not go up.

We have again declared a very good quarter, Q2, both in terms of a very strong top line and also a strong bottom line in terms of the net profit going up by 23.2% year-over-year, and 17.4% quarter-to-quarter.