Stockrabit · Analysts
Questions across 6 calls

Anand Swaminathan

Bank of America

Kotak Mahindra Bank Limited

Kotak Mahindra Bank Limited CC-Mar25.pdf · 2025-05-03
Thank you. I have a couple of questions. One is on capital management. What, according to you, is the optimal capital level for Kotak, especially since loan growth has come down to 13%, 14% levels now? In a 2–3-year period, where do you see CET1 and what would be the strategy to achieve it? And number two, in terms of the unsecured book and credit card, it's good to see that things are settled down and starting to improve. But just as a diagnosis of what happened over the last 12, 18 months, clearly a couple of bigger peers in the market, their credit card and unsecured performance has been meaningfully better. And what do you think was the delta for Kotak in this cycle? And would it change anything that you do in the coming cycle in those two segments in terms of risk or customer selection or anything like that? That's it from me. Thank you.
Thanks, Ashok. That's very useful. Just, you know, if you can enumerate a bit more on the lessons in terms of, was it customer selection, was it some processes , collection, and what would change in the current cycle, that would be useful.

Bandhan Bank Limited

Bandhan Bank Limited CC-Mar25.pdf · 2025-04-30
I have a couple of questions on the EEB book. So just circling back to Slide 19, where you have shown the West Bengal, Assam and rest of India collection efficiency. Just wanted to understand which are your worst performing states, which are dragging down your collection efficiency to 98.2%. So that's the number one question. Number two, in terms of disbursal rates, I get the INR5,000 crore number. But in terms of month or quarter, when do we expect we getting back to a normalized disbursal level during the year? Those are my 2 questions.
Sure. Just to clarify, Maharashtra, Gujarat should be close to 96% collection efficiency even in March?

IDFC First Bank Limited

IDFC First Bank Limited CC-Mar25.pdf · 2025-04-26
So Vaidya, I had a couple of questions. First, on the capital side, can you just give us some color on what was the thought process behind using the CCPS route? But more importantly, are there any other riders or structured securities attached to this that investors should be aware of? That's my first question.
Sure, no, that makes a lot of sense. And about some lock -in periods and other options or securities just so that we are clear on anything else around this structure.

RBL Bank Limited

Axis Bank Limited

Axis Bank Limited CC-Mar25.pdf · 2025-04-25
Thank you. I had a couple of questions. First is on the Cit i integration. It's been almost 2 years since the merger. Can you provide us some color or some quantification in terms of where all you have seen these benefits and where have been the most positive outcomes in terms of synergies? That is one. And second, just as a clarification on the write -back on SRs, the loan loss provisions, the 1,316 number would have been 2,100? Is that the right interpretation without this write-back this quarter? Those are my 2 questions. Thank you. Subrat Mohanty: Yes. Hi. This is Subrat. On your first question on Cit i integration, see last year, in July, we completed what we termed LD2, which is when Cit i customers moved on to the Axis Bank platforms, and we started managing the customers both from a relationship as well as in terms of owning them on our system. We had a very specific plan over six quarters in terms of the synergy benefits that we internally presented to the Board. At the end of six quarters, we came a bit ahead of the plan in terms of the synergy benefits. So, from a planned synergy perspective, it ticked all the boxes. Two additional benefits of the acquisition was improving the premium base of our franchise and having a good set of seasoned credit card customers coming in. Those customers have come in. We continue to now offer to them the whole bouquet of Axis Bank services, which is much wider and cuts across multiple products and services, and also is present in multiple cities. So that also is something that is happening. In terms of the people that we got in as part of the acquisition, we had almost 3,500 people come in, about 178 people were identified as key resources who came on board. And after about 2.5 years of people coming on board, we have had very limited attrition of these senior resources, these critical resources. In fact, a lot of them today hold bank-wide responsibilities, based on their past experience. So on an overall basis, that's the summary of the things. Since almost the year has passed after LD2, we no longer separate the Cit i and the Axis book and monitor their progress, because all of these customers now have been re-carded, they own Axis Bank accounts. So we continue to now look at them as part of the Axis base, and provide them both services and upselling opportunities as and when they come.
Sure. Thank you.

AU Small Finance Bank Limited

AU Small Finance Bank Limited CC-Mar25.pdf · 2025-04-22
I have a couple of questions. The first question, when you get your universal bank license, does this guidance around 2 to 2.5 the system growth still hold. And why I ask this is none of the other universal banks are growing beyond 20%, 21%. There's no doubt about your capacity to grow. Just wanted to understand will there be any self-imposed limit or regulator is okay with you growing 25 %-plus even after becoming a universal bank. And number two, when do you next expect to raise capital? Will this be this financial year or next financial year? I just wanted some clarity on that?
Sure, I got it. Yes. No, thanks, Sanjay. I appreciate the clarification. Just wanted to make it clear, and I think it helps the investor base as well to fully appreciate kind of there are no restrictions in its capacity that is driving growth. And that's why...