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Just one slightly on the critical side here and pardon me for that. You know, this entire episode reminds me that anything that can go wrong, will go wrong, and has gone wrong with us in the company. Of course, the future looks better because now the focus is there, but I am just trying to understand, considering the RBI action, is there any chance now that affects the IB activities and the license there on the…
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Second piece, out of the IB profits of INR 706 crores, I think around INR 500 crores is mainly transaction and commission income. So, the remaining INR 200 crores will be broadly some sort of lending income in that entity, right?
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Will we not plateau, therefore, automatically, because these incomes will be going away and it will only scale down? So, this, I mean, we have to rebuild only from INR 500 crores and not, I mean, INR 700 crores is not the base.
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Analyst questions
Dhruvesh Sanghvi
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JMFINANCIL
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JM Financial Limited CC-Mar24.pdf
27 May 2024