Nishit Shah

My question was that if we look at the loan mix, 99% of your loan is floating. And when we see at the funding mix, it is 50 -50. Why is this discrepancy? Because ideally, you should match ALM as well as your fixed to floating lending or is there any strategic advantage that we get by keeping 50-50?

Because what is happening is, beca use of our change in rates are much slower, the difference between banks to an existing borrower, not the new borrower, the existing borrower, what happens is that he is looking actively to switch rather than stay and wait for the rates to come down. I think that is what is happening with us right now.

And the last question would be, because LIC being our parent, we have a huge distribution advantage, which I think not many would have. So, diversifying our books to say affordable or emerging market, because as it is, you have almost, in all PIN codes, LIC has some presence or the other. So, wouldn't that be a much better option?