Hello. Sir, in terms of, hi, am I audible?
Yes. Good morning, sir. Thank you for having such a quick call. So, in terms of timeline, there was an additional message that was received by the investors that you all received the resignation day before yesterday and the Board received it…
Congratulations on a good set of numbers. Can you explain the sharp increase in the capital adequacy?
Okay. Sure, mam. And second question broadly is on outlook for growth over the medium term. Is there a chance, and it's a reiteration of earlier question. But how do you see this panning out over the medium term? Do you see growth moving up to the double-digit levels?
Good evening. Thank you for taking my question. The number one question was on the reset of credit cost, ECL norms. So, will this happen again next year? And if you can give us some sort of guidance on whether we use a five-year, three-year, 10-year kind of framework for ECL if that is possible to share?
I think those were my questions; the rest have all been answered. Thank you so much.
Sir, just one question; that's regarding more about the growth on Advances next year. Given what has been happening, a) on the risk weight side, b) a general increase in credit cost at your end, do you think we are going to tighten how we are going to give out credit cards for next year? Any sort of thoughts around here?
Yes, thank you so much for taking my question. First of all, congratulations, good quarter, and thank you so much for the increased disclosure. I think they are pretty useful. So, my question is more on the operating leverage. I think you already pointed out that we have seen signs of improved operating leverage , and do you think this trend can continue, or there is still some investment that is left to be done at an overall aggregate level, which can keep the cost-to-income ratio topped up?
Okay. Sir, second question was on the AUM growth front, would you like to reiterate the target because we have been growing slightly higher than our long-term average is? So, near-term, will we continue to grow higher given that the new products are firing much better than expected?
Sir, just a couple of quick questions. Number one was on the STPL book. How is that shaping up? I think you mentioned in your commentary that it has been growing at a pretty good pace. So one is if you can perhaps throw more light on that? And second was o n the credit cost. So that still remains at slightly sticky at 250 bps. So how do you see that going ahead over the next 1 year or so?
So, two questions, number one was LAP seems to be the new gold in terms of financing. It's in a pretty good space. Where do you think , in which ticket sizes or markets would you want to create your niche in the first 2 to 3 years for us to kind of look up to or measure you? How should we look at it, number one? Number two, bookkeeping question, what are the outstanding provisions on the book now, buffer that had been created earlier?
No, the old buffer. We had a buffer of about ₹1,000-odd crores prior to this. So , is it still outstanding? What quantum is it?
Congratulations, sir, on a good set of numbers. My #1 question to you is on growth. You have delivered industry-leading growth numbers. So, what has contributed to this in the last scheme of 3 to 4 years? And how do you see the growth path from here on?
Got it. Sir, my second question is related to asset quality. I mean, you have consistently improved the asset quality. Do you see any challenge in maintaining this going forward? Also, in the context of some peer NBFC seen higher credit cost and actually even guiding for the near term, a higher credit cost. So how do you see that for your firm?
Thank you for the opportunity and good afternoon, Sir. Sir, my first question is if you can guide us more on the sourcing mix what it looked like during this quarter and going forward of course you mentioned that you are going to stop the partnership model so if you can guide us what will be like from DSA, own sourcing, and discuss a bit about how you are going to generate more traffic through your app I mean through more organic channels?
Got it. Sir, second question would be around the current disbursement mix if you can give that breakup?
Sir, just wanted to understand. So, the previous CFO resigned on 31st October. And in the interim, we had no CFO in which period we had this write-back?
Sir, the previous CFO's tenure ended on 31st October, correct?
I have 2 questions. Number one was on the capital usage. It seems to be a bit sharp. So is it just related to the lower profitability or something else as well?
That's right, sir.
Sir, just one question was on the improvement in the ROTA. So with the growth perhaps slightly slowing down, does that change the ROA trajectory for you? I mean, ROTA trajectory, in a medium-term perspective? I mean, does it postpone the ROA improvement? Or it's still on track, do you think, over the medium term?
Mr. Vellayan, this question is to you. Essentially, since you are the largest shareholder, do you see this business in terms of risk given that we are hearing a lot about smaller ticket size loans turning bad? Do you think that you will be easing off sometime in terms of growth or you are comfortable in terms of the data that you are seeing coming from your own Company?
No, sir, just general.