JM Financial Limited CC-Sep23.pdf · 2023-11-06
So in the past, when we were used to talk about wholesale mortgage in the bad time, there was a thing that you see when the good time will come, we can just increase our book in just 2 years. Now we have changed the strategy for the right reasons. So, how can we look after when the things are a little bit mature when the book has increased at 18%, 20% with the right client, what kind of ROAs and ROEs you can look in this business now?
I understand that's the prerogative of management, how to do the strategy, and I respect that. So, my second question is like you were saying some area prices are very high. Is it only on some micro market or across because I'm coming -- if you believe that the prices will correct, can our current book can also be a little bit affected even if it is conservative because the price fall can be high?