Union Bank of India · 2026-07-15
Sir, thank you for the opportunity and very good set of numbers. Sir, my first question is that, I think you talked about the ECL impact of about INR11,500 crores, but what would be the annual run rate that we should see once I think we have implemented on the 1st April 2027? There will be an annual impact as well, whether that will be 5 basis points, 10 basis points, 15 basis points, how much have you assessed that's going to be the annual credit cost that you're going to just see only because of ECL?
Okay, sir, I think you can, yes, certainly you can work around and let us know what is the final amount because there was so much of disturbance I could not get if you said any figure what will be the annual run rate of incremental credit cost that you should have because of ECL. Nevertheless, sir, second, my question was that we have seen farm loan waiver in the state of Maharashtra, we have sizable exposure on the Agri front in Maharashtra. Then there is an ongoing stress which is there in MSME, I'm sure part of that ECLGS possibly would have taken some part of that stress out. But still do you see some asset quality issues on the go and because of which you made some additional provisions during the quarter? What is your broader sense on the asset quality outlook, particularly in MSME and the Agri sector?