Mahindra & Mahindra Financial Services Limited CC-Dec23.pdf · 2024-01-30
I just wanted to understand on this refinement of the ECL model that we've done. Is this a onetime exercise or is it repetitive exercise that we undertake and what is the frequency of it? So the idea to understand is this INR85 crores benefit that we have got, can that reoccur? And what could be the frequency of that?
So sir, just to understand this annual refresh is done in every 3Q or like say next year, we'll do the refresh in 3Q once again. Is that a correct understanding?