Hi, sir. Congratulations on the quarter. Sir, you spelled out on NIMs and loan growth trajectory. If you can share your aspirational ROA over the next two years, sir, that will be much helpful.
Sure, sir. And lastly, sir, if you have the quantifiable number from RB I trade relief measures, RBI had given this window of dispensation for exporters. If they want, they can take moratorium. Do you have any quantum of such requests where people would have taken?
Yes. Hi. Good evening, sir. Two questions. First is, there is a standard assets provisioning of Rs. 446 crores, while the loan book growth has not been that high. If you have any, is there any chunky loan or is this something specific, if you can elaborate this?
Okay. And sir, these are private accounts, right? Not the state go vernment or quasi -PSU accounts?
Just on this SMA, did I hear it correctly that the exposure itself has run down now, right? Or it is just that the account has become normal?
Right, and ma'am, on your loan growth, so somebody was also asking that even if you were to match your loan growth guidance at the lower end, it will be a steep ask. You mentioned that you have a decent separate pipeline, sanctions and amounts to be disbursed. But again, then you will also face the same challenge, right, that cost of deposit is still hard and you may have to fund those corporate loans by T-bill or maybe bulk which will not help on the margin front. So, what is the way out in the sense that it looks like a catch 22 situation that you know CASA growth is not happening and hence we are not going corporate as much. So, that may continue for a while, right? Is that the understanding or how do you want to get out of this?
Sir, wanted to check on your term deposit pricing strategy, right. So, if I look at your current structure of term deposit, right now, we are offering up to one year at 6.5%, whereas our SA rate above 5 lakhs is 7%. So that looks a bit unusual. What does it mean? Could TD rates be revised upward or you think there is a chance that SA rate could move downwards or how should one think of this and what are we trying to achieve ? Of course, given a choice at 6.5% TD and 7% SA, you would see a lot of inflow in SA only, but from your ALM perspective is that the optimal way you would want to strategize?
No, no point taken, sir. What I was trying to understand the relative strategy of term deposit and SA, right. So, your term deposits are competitive and maybe a few basis points spread over other Banks. But within your Banks you are offering SA at 7% above Rs.5 lakh and you have the TD rates which are much lower than even SA. So, how does this benefit Bank from ALM, what are you prioritizing SA over TD or how should one look at it?