Stockrabit · Analysts
Questions across 14 calls

Abhishek M

HSBC

Mahindra & Mahindra Financial Services Limited

Mahindra & Mahindra Financial Services Limited CC-Apr26.pdf · 2026-04-24
Yes. Hi, Raul. Good evening and thanks for taking my question. Just one question on the fee part. So fee to assets of 1.4, now you've got a lot of things that you planned for fees and increasing that. Where do you see that settling ideally, if not a year down the line, maybe 2 years or 3 years, but what do you think is a level you would want to achieve?
Got it. And just in terms of your cost of funds, from here and I'm just talking about the cost of borrowing, not including the equity, etcetera, not all of that. Do you expect it to go up or you still have a lot of high -cost stuff maturing this year and therefore, you may still be flattish during the year?

The Federal Bank Limited

The Federal Bank Limited CC-Dec25.pdf · 2026-01-16
Hi, good evening and congratulations for the quarter. So, a couple of questions. So, the first question is on OPEX. I just wanted to check that, now since you are anyway going to grow mid- yielding, etc., which is more granular business, what would be the run rate of Opex? Would it grow at this 4-5% QoQ range and that means annualized high teens maybe, or does that tap er off at some point of time?
Yes exactly. Because if you are in a build out phase, you will need to make those.

Kotak Mahindra Bank Limited

Kotak Mahindra Bank Limited CC-Oct25.pdf · 2025-10-25
Thanks. Sir, my question is on margin. So, is it fair to say that the yield compression due to repo transmission is largely played out, and from here, your yield on advances should basically reflect a mixed change rather than any repricing? So, is that a fair conclusion?
Of course, yes. And then, on cost of term deposits, since your repricing period is less than 12 months, so basically the repricing should happen for the next couple of quarters because we have already had pretty much 2 quarters of repricing of term deposits specifically?
Kotak Mahindra Bank Limited CC-Dec24.pdf · 2025-01-18
Good evening and congratulations for the quarter. So, the question I have is, on this RBI Bank subsidiary norms, how are you positioning the Bank and the group to meet that circular? For example, I mean, if you take the example of real estate, different stages of financing is done in different entities. How would that adjust or be adjusted? Or would you have to do everything in the Bank? So, just from a business angle, how are you preparing for that circular?
And if you do not mind, can I squeeze in just one more question?
Kotak Mahindra Bank Limited CC-Sep23.pdf · 2023-10-21
Hi, good evening. So my question is on cost of funds or cost of deposits. How far along are we in the re-pricing? And how much more to go from here? If you can give a sense of that?
Okay. And given th at your card rates are mostly roughly around 7 -ish at least in the one year to three year bucket where you're getting most of the deposits, that would leave about 50-odd bps on the TD side, 50 bps, 60 bps on the TD side for re -pricing, right? So that catch-up could happen in a quarter given the short tenor of liabilities?

SBI Cards and Payment Services Limited

SBI Cards and Payment Services Limited CC-Sep25.pdf · 2025-10-24
So, my first question is on opex. How much would have been the festive spend this quarter? And also, if you can give the corporate spend-related opex that you would have booked this quarter, just to get a sense of the underlying retail opex, how that has trended?
So if I want to get a sense of the underlying opex and the one-offs that have happened in this quarter, how do I make that out from your number? Should I anchor to the last, let's say, 2, 3 quarters average opex because that's clean and that doesn't have festive season spend? Would that have been the underlying...
SBI Cards and Payment Services Limited CC-Oct25.pdf · 2025-10-24
So, my first question is on opex. How much would have been the festive spend this quarter? And also, if you can give the corporate spend-related opex that you would have booked this quarter, just to get a sense of the underlying retail opex, how that has trended?
So if I want to get a sense of the underlying opex and the one-offs that have happened in this quarter, how do I make that out from your number? Should I anchor to the last, let's say, 2, 3 quarters average opex because that's clean and that doesn't have festive season spend? Would that have been the underlying...

Bajaj Finance Limited

Bajaj Finance Limited CC-Jun25.pdf · 2025-07-24
Good to have you back, Rajeev. So the first one is going back to SME. Can you give some colour on the book, how much of it is unsecured, how much of it is professional loans? And is -- are those the parts where you're seeing basically maximum stress Also, what are the credit actions you have taken? So any examples you can give that will help us understand what's happening. And the third is just -- is it going to remain slow or there are subsegments or some other segments there which can accelerate -- which you can accelerate going forward?

Axis Bank Limited

Axis Bank Limited CC-Jun25.pdf · 2025-07-17
One question on loan growth. If I look at the movement, especially in the last two quarters, not only have we completely consolidated or slowed down growth in retail, but we have grown more in corporate. And this sort of goes against the trend when we are trying to protect our margins and minimize the yield compression impact. This also sort of coincides with commentary that stress in unsecured is stabilizing or it is coming under control. So at what point or what would trigger higher growth in retail, maybe not unsecured but at least secured retail? Because surely that would be more yield accretive compared to corporate. Some comment and color here would be helpful.
Amitabh, this was important as a historical look at what you have done over the last 1 -2 years, but now it has become even more important to grow retail because NIM is going to take a bit of a knock from the repo repricing impact. So are you comfortable enough to grow retail now going forward, let's say, 12 months from now since you said you will grow at par with the industry? So that catchup should start happening…

IIFL Finance Limited

IIFL Finance Limited CC-Mar25.pdf · 2025-05-09
Hi. Good afternoon, everyone. So, Nirmal, one question on this gold loan. Now, last couple of quarters, we've ramped it up back to INR21,000, INR22,000 crores. And on a quarter-on-quarter basis, are we likely to see this kind of a ramp up now? Or are we back to a level where we are comfortable and we can grow more at a, you know, equal pace or even pace rather than, you know, just trying to recover lost ground?
Okay. And then, you know, following up from that. So, if you look at your Tier 1 and then, you know, parent entity, it has come down very sharply last couple of quarters because, you know, you've ramped up the portfolio. And you saw this reverse effect last year when, you know, the portfolio ramped down, your Tier 1 went up. But if you continue this kind of growth momentum, this 13.8 can fall pretty sharply. So, at what level do you, you know, do you say that now it's urgent to raise capital or infuse capital at the parent level?

Aadhar Housing Finance Limited

Bandhan Bank Limited

Bajaj Housing Finance Limited

Bajaj Housing Finance Limited CC-Sep24.pdf · 2024-10-21
Yes, hi. Thank you for taking my question. So two questions, one on provision. So just back calculating, I think the current run rate of overlay utilization is around INR30 crores a quarter. If we just go by this then maybe in the next one - one and a half quarters the existing overlay gets exhausted. So suffice to say that next year we should be around this 14 bps, 15 bps kind of run rate of provisions. That is a normalized run rate of provisions that should continue, right?
So that normalization may happen quicker, maybe by next quarter itself because the remaining overlay is just INR10 crores?

AU Small Finance Bank Limited

AU Small Finance Bank Limited CC-Sep24.pdf · 2024-09-30
So the first one is on cards. If I look at the yields, clearly, Q-o-Q, that has gone up from 13.8% to 14.3%. Since the book is stable, is it mostly because transactor balances, etc. are reducing and the mix is changing more towards revolver EMI. Is that how it is evolving? And since you will take about a couple of quarters to recover from -- or to get a plan in place basically, this book should just keep tightening from here on?
Right. And given that a large part of your book is greater than 760 bureau score and then nearly 90% is 740 plus, which is a reasonably good score. So where do you see most of the credit cost actually coming from? And since you said that you are learning from your previous underwriting using digital means, can you give some sense of where things went wrong and what you need to correct now?