Hi team. Thank you for the opportunity. Congratulations, first of all on the transaction and the rating upgrades that were received recently. harping back on the cost of fund side. I think in the previous conference call, it was mentioned that over FY '27, around 270 bps decline in cost of funds is expected. So in the current backdrop of the West Asia conflict and yields hardening currently, do you think this 270 bps reduction in cost of funds is still achievable for FY '27?
Questions across 3 calls
Arun Antony
JM Financial
Sammaan Capital Limited
Aadhar Housing Finance Limited
First of all, congratulations on a good set of numbers and crossing the milestone of INR30,000 crores. Just a couple of questions from my side. First of all, I just wanted to know what has led to the increase in 1 plus DPD by approximately 80 bps? And then another question would be on the disbursement growth. So disbursement growth has been quite robust in this quarter, approximately 30% Q -o-Q. So is there any specific states or state which has led to this strong momentum? And then one last question is that the incremental cost of borrowings have also gone up by approximately 10 bps. Is there any reason which -- why it has gone up during this quarter? That's all from my side?
Shriram Finance Limited
My question was actually already answered. Thank you.