Cholamandalam Investment and Finance Company Limited CC-Dec23.pdf · 2024-01-29
This one is on the new lines of business. You said that there have been quite a few of write-offs in the lines of business that we have started recently. One, can you quantify the write-off there? And second, if you can share your thoughts on the writing off policies we are following for these new lines? And to add some color to the situation, if you can share what are the corrective steps we have taken a few months back on these lines, on sourcing and how to manage the quality and what has been the impact of same?
And sir, on the corrective measures we have taken for these new lines and the impact of that?