Manappuram Finance Limited CC-Feb26.pdf · 2026-01-29
Congratulations on a strong gold loan growth. Again, kind of circling back on the yields, our yields have actually declined from 19.7% last quarter to 18.3% this quarter. So I mean, while these are portfolio yields, what I'm trying to understand is what that essentially means is the gold loans that you would have done in this quarter would have been even lower yields, right? Basically somewhere around 17%, 17.5%. And earlier when CEO sir said that maybe on a scale of 1 to 10, we are at 8%, 8.5%. So eventually, you expect these yields to stabilize around that 17.5% mark is it?
Got it. So essentially, that also, I'm guessing would be done by the end of this year. And then from next year onwards, we should look at stable yields there?