Bhavya Agarwal

Congratulations on good set of numbers. I have few questions. My first question is that our net interest income grew YoY broadly in line with the strong growth in AUM. But as the loan book continues to scale, how should we think about the trajectory on lending yields, cost of funds and net interest margins?

Cost of funds?

Got it, sir. Given 50 bps point increase in yields and expected cost of funds decline, so can we expect an increase in margins, net interest margins?