Stockrabit · Analysts
Questions across 8 calls

Akshay Jain

Autonomous

The Federal Bank Limited

The Federal Bank Limited CC-May26.pdf · 2026-04-29
My question is again on growth. How does the war change your outlook on growth? You had indicated that the war led to increase remittances during the early days, but now since things have settled, how is the remittance trend versus historical rates? Will it warrant a relook at growth assumptions on both deposit and loan side? That's my first question on growth. Number on margins now are behind us. How should we look at margins into F Y'27? Is there any further deposit repricing left? Or is it more or less done? Those are my two questions.
Just a follow-up on margins. We are seeing that even larger banks are facing it difficult to pass on the December 25 basis point rate cut. How is Federal placed on this front? Number two, is there any day count impact on NIMs this quarter?
The Federal Bank Limited CC-Dec25.pdf · 2026-01-16
Hi, sir. This is Akshay. So, my question is on asset quality. So, how do we look at asset quality for MFI segment going ahead? So, if I reverse calculate your MFI credit costs, they come out to around 10%-11%. So, how should we expect this number to move incrementally? And on other segments, they are performing very well . The credit costs you have disclosed to be around 29 basis points. So, assuming you build moderation in MFI credit costs, how should this blended credit cost number move? So, should we expect it to be much lower than your 50 -plus basis point guidance? Or are we expecting some deterioration in other segments? So, that's my first question. And secondly, on the loan mix, so while you continue to state that you will be focusing on the mid-yield segments, any quantitative number on how the mix should settle dow n maybe in 3-4-5 years? How much will be your high yielding book, mid-yielding book, and low yielding book? Anything on that?
My question is like once MFI book settles down.
The Federal Bank Limited CC-Sep25.pdf · 2025-10-18
So, my first question is on margins. So, can you talk through the moving parts of the 12 basis points NIM improvement this quarter? Because there was an expectation that this quarter will again be slightly negative. And from 3Q onwards, the margins will start to improve. And secondly, how should we look at margins going ahead? You mentioned that should we look at -- like you are already close to the 3.1-ish levels, which you reported back in 4Q '25. So, like what should be a s ustainable level of margins going ahead? Second -- should I ask my second question or like...
Okay, sir. Got it. Secondly, sir, on the growth. So, growth has been like pretty low this time on around 1.5% Q-o-Q, which is like almost half the system. So how should we see growth going ahead? Like are we comfortable enough to meet the 1.2x nominal GDP target, which you ha d quoted for this year?

AU Small Finance Bank Limited

AU Small Finance Bank Limited CC-Jan26.pdf · 2026-01-20
Hello, sir. My first question is on margins. So, can you explain the different moving parts on your margins? You explained that your cost of funds improved by 22 basis points while yields were down 10 basis points. So, this gives us broadly 10 basis points margin improvement. So, what's driving the balance, 10 basis points? Is it the LD ratio increase? And your LD ratio is already 89% on. So, how should it move incrementally? And any medium-term guidance on margins? My second question is on funding mix. So, this time on a large part of your deposit growth has come from non-callable bulk deposits. So, how should we look at this? Are we facing some intense competition from peers and hence, are you relying on other sources? How should we look at it incrementally? And lastly, on credit costs. So, credit costs came in surprisingly well this quarter. MFI and credit card both saw an improvement. So, any further color on what has improved? Should we expect normalization from next quarter onwards and credit cost guidance for the next year? So, these are my three questions. Thank you.
Okay, on average assets. Just one point, I guess, based on the CD ratios that you are using up your liquidity. So, which has increased your CD ratio to around 89% odd. So, how should we see it moving incrementally?
AU Small Finance Bank Limited CC-Oct25.pdf · 2025-10-17
Yes, sir, I have a question on capital. So can you please help quantify the impact on your capital ratios post conversion to the Universal Bank? Because now you don't consider a market and operational RWAs in your base. And second, on the draft credit risk circular, have you done any estimates on how it will impact the capital ratios for the bank?
So what will be the proportion of this collateralized -- that is collateral against residential property? Any indicative number? Like your MBL book is close to 25% of your overall loans. So like is it safe to assume that 25%?

IDFC First Bank Limited

IDFC First Bank Limited CC-Apr26.pdf · 2026-04-25
I have 3 questions. So one on asset quality. So what is driving the strength this quarter? So while you have utilized contingent provision, your write-offs are significantly lower? Any other factor you would like to highlight. And again on write-offs, they are down to like around 1,200 levels? Like what is the sustainability of these levels going on? And a related question on asset quality. So it's been like almost 2 months since the war started and we keep getting news on supply chain disruption, raw material cost. So while March was still fine, how are you seeing trends playing in April, especially on the MSME front? And how are you thinking on growth and asset quality in the light of the se disruption? And maybe the last...
And maybe the last question on the SA rate, you have changed SA rate this week. So can you let us know the impact on your cost of SA due to this please?
IDFC First Bank Limited CC-Sep25.pdf · 2025-10-18
Starting with margins. As you mentioned that margins have bottomed out this quarter. But how should we see margins moving in the next 2 quarters? Like should we place 4Q '26 margins to somewhere near the 6% number of 4Q '25?
Understood. Okay. And number two, CASA ratio has now touched like around 50% odd. Like should we expect you to use the lever of SA rate cut? Like kind of highest amongst the larger banks on SA, is the SA rate cut on the cards, which should also improve the NIMs?