PNB Housing Finance Limited CC-Sep24.pdf · 2024-10-24
I just had one question. You said that NIM will start improving after a few quarters and since like incremental cost of funds is going to be at the current level of 7.8% and yields are improving across products, then NIM should ideally start improving rig ht now, as in from next quarter itself. So, it should go very well as per whatever you have said about yield in cost of funds. So, can you please give more light on this?
So, because of the dragging effect of the things that you mentioned, the current yield will be maintained for a few quarters and then net-net, yield should start improving after 2-3 quarters is what you are saying?