Yes Bank Limited CC-Dec23.pdf · 2024-01-29
So, my two questions on basically every quarter you guys are disbursing about INR 30,000 crore of loan and in annual report also you ’re disclosing that you have about INR 1,00,000 crore of disbursement in a particular year which amounts to 50% of your portfolio. So, despite doing that, your growth is at about 15%. So, it means is it your average loan size is somewhere about 2 years or something like that why it is not translating it into the growth that’s point number one. Point number two is in the provisions on this time the default on Personal Loan is about INR 1,000 crore. Your total Net Interest Income for the year is INR 2,000 crores. So, if 50% of your portfolio is towards Personal Loan which is about INR 1,000 crore and your defaults are INR 1,000 crores in a quarter, does it mean that 100% of your Personal Loan net interest income is getting defaulted? So, is it something bigger underlying thing is there which we are not understanding or is it the earlier YES Bank which is returning now to the fore?
One last point I wanted to say on this whole priority sector thing a nd all which suddenly got popped up into this particular slide. So, were you guys not aware last 3 - 4 years that this particular thing is, you didn’t see it coming and suddenly this has popped up this particula r quarter or you were knowing 3 years, 4 years b ack and you were working on it and nothing happened and therefore this quarter it has popped up that this has become a now a new rea son on the block?