Home First Finance Company India Limited CC-Dec23.pdf · 2024-01-19
I had just one question regarding the yields. I understand the last repricing that we took, I think that was in the month of April and we did take some 50 basis points. At that time, I think Q4 we were at 13.4% yield. Then Q1 we improved to some 13.7% but since then we have been coming down. So, how should I understand because I think my understanding would be that yield should actually increase for the remainder of the loans as and when they are repriced, but is it the BT out pressure which is keeping the yields under pressure?
So, this decline is entirely due to that spread maintenance.