Questions across 3 calls

Ashok Ajmera

Firm not listed in source transcripts

Union Bank of India

Union Bank of India CC-Apr26.pdf · 2026-04-23

Yes, thank you for giving me the opportunity. First, congratulations Mr. Pandey and the entire team, Asheesh sir, for a very good quarter. Because or rather I would say the last six months have been good for the bank comparatively as compared to the previous four quarters before that. And at least to a great extent we have covered as far as the credit growth is concerned, 6.07% only in one quarter and 9.74% for the whole year, respectable figure. Having said that sir, but on deposit front, even though in this quarter we have performed very well, 6.87%, but the overall for the year the deposit is 2.72%. So now the going forward in order to, though presently we are good at CRAR, but going forward with the kind of the growth, I would like to know the credit growth target also, as well as how are we going to match the asset liability if our deposit growth do not match with the credit growth sir, going forward?

Can we expect it 13%-14% growth in the credit sir in FY27?

Union Bank of India CC-Jan26.pdf · 2026-01-14

Thank you for giving this opportunity. Good afternoon, sir. Ashish sir and the entire team of the Union Bank, compliments to you for, especially for the net profit going beyond INR 5,017 crore in this quarter, which is very heartening to note. The bank has been in the range, it has come, I think, in the fourth quarter of 2025 at around INR 4,985 crores, but crossing INR 5,000 crore and coming to INR 5,017 is really commendable job as far as the profitability of the bank is concerned. Having said that, sir, I echo the same sentiments of one of my other colleagues also about the growth in the business, that is, overall , the advances in the deposits. While in this quarter we have addressed the credit growth, at least in this quarter, we are a positive 4%. And going forward, you already assured that the coming quarter will be better. But still, if you look at the, I mean, the deposit growth, that is just 0.95%, and the overall, if you take nine months also, it is only 3.88%. So, unless we match that, like, how are you going to i ncrease your advances when your CD ratio is already 83.89%, your CRR has come down to 16.49%. So, how do we, with this kind of deposit, in spite of all the churning, because if you look at even last seven quarters also, the deposit growth is only 2.19% over the seven quarters, right from the Q1 of FY’25. So, what is going to be drastically done by you so as to bring the deposit also up to match with your credit growth targets?

No, point well taken, sir. Only thing that now, at least, a time should come when we are at par with the industry or even better, which used to be some time back also. And that will ultimately be requiring the deposit by whatever means it comes, so as to match the growth. There are other means available. I mean, liquidity is there with you, but this mismatch has to be answered, sir. So, point well taken, sir. Sir, one of my other small observation is, while the operating profit has gone up by about INR 100 crore in this quarter, INR 120 crore something, our net profit has gone up substantially, and the main reason is that the provision on standard asset has come down to INR 176 crore as compared to INR 882 crore in the last quarter. So, going forward, and that is the reason our credit cost is also very, very minimal. So, going forward, can we take it as if the provisioning will be less only and the more profit will remain coming in the books only?

Indian Overseas Bank

Indian Overseas Bank CC-Sep25.pdf · 2025-10-16

Congratulations, sir, Ajay Kumarji, Joydeep, all the entire team of Indian Overseas Bank for the very excellent results. In fact, in the half year only you have almost near to the targets of t he whole year. Your credit growth in the first 6 months itself is 11.18%, deposit 8.7%, and overall business has gone up by around 9.8%. So excellent performance, sir, even on the profitability front, even on the asset quality front, and you are very comfo rtable on CRAR also. So my compliments to you for that. Having said that, sir, some few observations and some data points. One is, sir, now going ahead, now you have remaining 6 months still. So do we still maintain the same targets of 14%, 15% on the credit and 12% 13% on the deposit or looking at this performance of 6 months, you are going to upward revise these targets? Which can be very comfortably, according to me. So this is one -- just some light on this, your views on this. I have some specific questions, sir. We have this investment into the India International Bank of Malaysia, which is now voluntarily going for the winding up, I think we have an investment of about INR 200 crores, if I'm not wrong. And we have a provision of INR 6.13 crores. So what is the current status on that? Do we need to -- I mean, we'll get our entire money on this winding up process once it is complete? Or we'll have to take any hit on this? Secondly, sir, we have in this quarter, received a substantial amount of income tax refund. I think INR 1,141 crores, so what is the treatment given to that refund and where it is reflected actually in the overall accounts? So this is the another information which I am looking for. And a little bit on the SMA front, our slippage in this quarter is a little higher than the average slippages or even in the last quarter. So going forward, can you give some color on that SMA front as well as the asset quality, especially any issue with the agriculture loan or which is the, I mean, pain po int in the credit book, if you can just little bit highlight? And one more is that in the GIFT City, I think we had a plan of SBU, is there any development and progress on that?

Income tax refund, sir?