Thank you, sir. Thanks for taking my question. Just wanted to know one thing, this stage 1, stage 2, stage 3 increase that you said that it is because of borrower-wise classification. Is that the only reason? Apart from that, asset quality, you want to stable? Oommen K. Mammen That's why we said, no, on stage three assets, including the interest dues, it is only 60%, maybe 58%.
So, I am saying, excluding that factor, I mean, otherwise the asset quality performance is stable.
Yes. Thanks for taking my question. One was with respect to the ticket size of the loans. This quarter around, we are seeing higher growth com ing in from the high -ticket-size loans, from INR15 lakhs to INR20 lakhs and INR20 lakhs to INR25 lakhs ticket size. So what's the outlook there? So assume that this run rate continues, will it exert some pressure on the margin side, because I assume that e ven in the high -ticket-size loans, competition is relatively higher and therefore margin pressure too? So what is the outlook there?
Fine. And second thing is on the fact that over the last 3 months, we have seen interest rates hardening. Do you foresee, although your incremental cost of borrowing has come down and your guidance sustains 5% to 5.25% margins. Do you feel that this might continue in FY27 as well, given that the interest rates have hardened in Q4?