Akshay Jain

Thank you, sir. Thank you for the opportunity and congratulations on a good quarter. My first question is on margins. So like, if I look at cost of funds, that is still improving with additional tailwinds from SA rate cuts if and when it comes. So that leaves us with the asset mix shift. So is asset mix shift is expected to be so severe that your clean margins of 5.9% this quarter will turn into 5.75% for full year.

Okay, sir. And any sensitivity have you done for how your margins will move in case of rate hikes? Any numbers you have done?

Okay. The second question is on credit cost. So, again, for 1Q, your credit costs have been around 153 basis points and 1Q is typically the weakest quarter for the year. And if you are beating your guidance of 180 basis points, 190 basis points in 1Q itself. So, is there any scope for bringing down the credit cost guidance? And number two is on the prudential provisions.

Thank you, sir. Thank you for the opportunity and congratulations on a good quarter. My first question is on margins. So like, if I look at cost of funds, that is still improving with additional tailwinds from SA rate cuts if and when it comes. So that leaves us with the asset mix shift. So is asset mix shift is expected to be so severe that your clean margins of 5.9% this quarter will turn into 5.75% for full year.

Okay, sir. And any sensitivity have you done for how your margins will move in case of rate hikes? Any numbers you have done?

Okay. The second question is on credit cost. So, again, for 1Q, your credit costs have been around 153 basis points and 1Q is typically the weakest quarter for the year. And if you are beating your guidance of 180 basis points, 190 basis points in 1Q itself. So, is there any scope for bringing down the credit cost guidance? And number two is on the prudential provisions.