Mahindra & Mahindra Financial Services Limited CC-Mar24.pdf · 2024-05-06
My question goes back to NII, and the first question is on the cost of funds. You would be expecting further increases in your overall cost of funds, right? So, to get a 25-bps net expansion in NII, the effect of product mix plus yield increase plus fee would have to be much higher. It would probably have to be around 35 bps or so. So, do you see that kind o f an expansion happening and just second part to that is what would be the difference in the disbursement yields today versus your book yields, if you could tell us that?
Sorry, what I meant is that if you look at your book two years back or something, the cost was roughly 6.5% today it is 8%, so the book matures right and as it matures, a new book gets formed. Automatically, the book cost will keep going up, so you don't see that happening at a portfolio level you think 4Q cost of funds is where it should sustain?