Stockrabit · Analysts
Questions across 37 calls

Nitin Aggarwal

Motilal Oswal

Union Bank of India

Union Bank of India · 2026-07-15
Yes, hi, thanks for the opportunity. So, first question is on the LCR ratio. There is good improvement that we have seen this quarter. So, is it possible for you to quantify how much of this benefit came from the new guidelines?
Got it, got it, sir. Thanks for that. And the second question is on credit -deposit ratio. Over last one year, we have seen a 700 basis point odd increase in credit -deposit ratio. While you are guiding for a higher than the system growth, how do you watch o ut for this number? What is a comfortable range that you will want to operate at?

The Federal Bank Limited

The Federal Bank Limited CC-Dec25.pdf · 2026-01-16
Hi. Thanks for the opportunity. And good evening, everyone. So, I have two questions. One is on the yield and the rating distrib ution of the corporate exposure. How are you looking at that , if you look at the slide 21 ? And so the mix of A -rated corporate has gone down in this quarter by nearly 500 basis point. And so I understand, like, of course, the bank is working on improving the yield. But how are you looking at this equation? Any desired number that you would like to reach? Any color around this?
Right. And so just like on this, see, at the same time, we have also reported a pretty strong growth sequentially. So, while we have let go of this asset, but still we have reported a 6% growth. So, does that mean that the growth otherwise was running in double digits in corporates this time?

AU Small Finance Bank Limited

AU Small Finance Bank Limited CC-Apr26.pdf · 2026-04-27
Hello, Yes hi, good evening. Congratulations on strong performance. So , I have two questions. One is on technology, like we have spent a good time on technological prowess that the Bank is building including the investments in Gen AI, Agentic AI. How do you see this translating into our business volumes and what kind of cost ratios will you now target over the next two -three years as the Bank transitions to Universal Bank?
No, second is more on similar lines like because as a n SFB, the range on cost ratios is generally very tight and it’s very narrow across the banks. Most SFBs are like operating around late 50s to somewhere in 60s. And but as a Universal Bank, the range is very vast. There are banks below 40 s also and so where like AU, which generally has been best-in-class on many parameters as an SFB, how will you want to position yourself on cost ratios now, as you undertake this transition
AU Small Finance Bank Limited CC-Jan26.pdf · 2026-01-20
Hi. Good evening, everyone. Congrats on a good quarter. A couple of questions. One is, on the mix of unsecured loans now, how should we look at that now that the portfolios are seeing some stability on both? Cards also have started to grow MFI as well. So, how should we look at the mix of unsecured loans from here while the overall loan growth continues to be healthy? Will unsecured lead that or how will it move from there?
Okay. Sure, Sanjayji. And the other question is around cost. While you mentioned that Bank has been undertaking all the expenses to ensure sustainable growth and building a robust Bank, but how should we look at the cost-income ratio now? Because we have seen a fairly strong pickup in cost growth this quarter. So, how should we look at the ratio over the coming years?
AU Small Finance Bank Limited CC-Oct25.pdf · 2025-10-17
Sanjay ji and team, congrats on a good quarter. A few questions like first on the credit cost, now that we have reported a 64 basis points in the 1H based on total assets and maintaining 100 basis point guidance. So is this credit cost that you see in 2H will be a reflection of the trends in FY '27? And do you think that will improve further or is this 2H number slightly boosted by the recoveries that may be they are from the NPAs that we had in 1H? So can we expect an improvement further continuing FY '27 on the second half number?
Right. And second question, Sanjay ji, is on the Universal Bank transition. While we know that the discussions and like this is still underway, but by when do you like tentatively think that the transition to Universal Bank should get completed? And do you see a material rise in opex towards branding and advertising as you undertake this transition?
AU Small Finance Bank Limited CC-Jul25.pdf · 2025-07-19
I have a couple of questions. One is around the credit card portfolio only, like while Sanjayji mentioned that the credit cost has peaked, but as I see like the pain that this portfolio has given is like more than MFI, at least in this quarter. And even in the prior quarters, we have seen very high credit costs. So how do you in the medium term look at this business? How quickly will we want to rebound from this? And what is the medium term strategy on the credit card now?
And the second question is -- if you can talk about the credit environment in the vehicle business, like a few other lenders have indicated to some rise in stress in the vehicle financing business. So how are you seeing that? What kind of growth opportunities are you looking at overall in the environment?
AU Small Finance Bank Limited CC-Jun24.pdf · 2024-07-25
Congrats on a good results, good start to the Merge numbers this quarter. I have two questions. One is on the disbursement yield like if we see, there is a pretty good increase over the last couple of quarters. And I recollect that for a good time in FY'23 and early '24, we were not able to raise the disbursement yields and our portfolio yields are also like flattish at that point. So has competitive intensity come down, which is now enabling us to increase the yields? And do you see any implications of this from an asset quality perspective, a system in general is witnessing some rise in delinquencies?
Yes. Certainly clarifies. One other question is on the...

HDFC Bank Limited

HDFC Bank Limited CC-Apr26.pdf · 2026-04-18
So firstly, congrats on a good quarter in a very challenging environment. So my question is like 2 questions. Firstly, on the deposits. So how do you look at the deposit market share? We have done very well in this quarter but if I look at it in context of how the system itself has done, we have seen a very sharp pickup in the deposit accretion for the system overall. Classification - Internal So how do you kind of look at the market share that HDFC Bank has been able to garner this quarter in context of system number? And any color if you can also share on what has driven this huge surge in the business numbers over the last fortnight?
Right. And Srini, like also the other part of the question is like any color if you can share on the - - what has driven this huge surge in the business numbers over the last fortnight of the year? I mean this time, the setup is exceptionally strong across the system?
HDFC Bank Limited CC-Jan26.pdf · 2026-01-17
Yes, hi. Good evening and thanks a lot for the opportunity. I have a question on the branch productivity and deposits now that we are so hopeful about the deposits pickup and targeting at close to 90% kind of a number. So like if you look back as to what kind of experiences that we used to have in terms of the branch vintage and the deposit buildup, is that kind of sustaining in the recent years because the deposit growth is just not picking up at the system level. And that is becoming a key constraint across banks with LDRs, the number that we are seeing across many banks. And related to this, own branch over the years has been like coming off from pretty high number now to every successive year, we are opening more branches. So do we…
Sorry. So I was also saying that related to this, if you look at the branch expansion run rate, every successive year, we are now opening up lower number of branches, like FY '23 versus '24 to '25, every year, we are going down in terms of branch expansion. So how do you look at this corollary between the branch vintage and the deposit buildup? And do you think that the current pace of expansion will be sufficient for us to sustain that above industry growth rate over the next 3, 4, 5 years? So just some thoughts around this.
HDFC Bank Limited CC-Dec24.pdf · 2025-01-22
I have 2 questions. One is that you alluded to the difficult macro conditions in your opening remarks, but HDFC Bank definitely continues to navigate well through this environment as overall slippage rate remains better versus peers. So how are you looking at the credit environment in respect to unsecured loans in the commercial banking business? Because these are the 2 segments that we have been still growing. And given the vulnerability that you see, how like confident you are to maintain these slippages, run rate and the credit cost overall?
Right. And we really appreciate that. And second question is just a data keeping one on mix of floating and fixed rate loans. Like how much is repo? How much is MCLR, if you can just share that colour?

SBI Cards and Payment Services Limited

SBI Cards and Payment Services Limited CC-Feb26.pdf · 2026-01-28
And congrats on a good quarter. So one question is around the credit cost. So when you look at the credit cost, which has come down from 9% to 8.3%. It's quite a good decline we are seeing. But can you also share some color on how much this is as a percentage of retail loans? The reason I'm asking is because while there is a decline, but the mix of corporate spends also has increased from 6% to 20% in past 1 year. And retail loans I believe will be a major cause of this credit cost. So how should one look at this entire equation in entirety?
So then what will be the percentage of the retail loans last year versus what is it now? So as to like make a better sense of this credit cost number?
SBI Cards and Payment Services Limited CC-Dec24.pdf · 2025-01-28
Sir, firstly, if I look at the proportion of salaried customer, like this quarter in terms of new sourcing has come down. So, while you mentioned that, we are pretty much close to the peak in terms of credit cost and things should likely improve. So how do you really compare between the self-employed and salaried in terms of their repayment behavior? That's one. And secondly, where you said that revolve rate, we are not expecting any improvement from here. I just wanted to like check on as to how is the revolve rate difference between UPI and non-UPIs, because UPI is something which, while it is small today, but it is growing fairly fast. So how should one look at it in the medium term?
I was saying that because this number has trended down, but still UPI does not suggest that things are likely to get better from here. So, this is the reason I ask this question. Because the general notion is that salaried segment performs better than self -employed. So now with this mix coming down, should this not cause like continue to cause worries as such in terms of incremental delinquencies?

Bandhan Bank Limited

Bandhan Bank Limited CC-Jan26.pdf · 2026-01-22
Hi, good evening and thanks for the opportunity. Sir a couple of questions. One is on the collection efficiency. If you look at like we have reported marginal improvement across all the geographies, barring West Bengal, where it is like a very minor uptick. And if I correlate it to the SMA 1, then that number has gone up sharply in West Bengal from -- to 1.4%. So how do you look at the situation there? What percentage of the MFI book now is in Bengal? And any procedural tightening or underwriting like kind of changes we are doing in anticipation to the upcoming Bengal elections? If you can give some color around all of this?
Okay, sure. And West Bengal now is what proportion of total MFI?
Bandhan Bank Limited CC-Sep24.pdf · 2024-10-25
So, a few questions. One is on, if you can talk about how much of the yield differential between the EEB book and the rest of the segments, like the retail and the small enterprise loans? Because if I see like, there is a 400-basis point drop in mix of MFI and CD ratio has also declined sharply, but margins have been very resilient and dropped just 20 basis points. So, just explain this math actually.
But then why the NIMs or the yields have held up so well because there is a 400 basis point exchange with EEB going down, then the impact on margins?

IndusInd Bank Limited

IndusInd Bank Limited CC-Sep25.pdf · 2025-10-18
Hi. Good afternoon and thanks for the opportunity. I just have one clarification to ask, Rajiv, around the gems and jewelry business. So, when we speak to credit rating agencies, there is a fair bit of rating downgrades that have happened in that space like it is almost double-digit in proportion to the total rated clients that they have. So, has there been any such events in our portfolio that you see?
Okay. Sure. That is it from my side. Thank you so much.

RBL Bank Limited

RBL Bank Limited CC-Jun25.pdf · 2025-07-19
Congratulations on good results. My first question is on the provisioning coverage. We have taken very high levels of provisioning last quarter and raised coverage sharply, and this quarter we have drawn down a little. While overall, PCR still remains very healthy, but in context to us now also taking contingent provisions again on the JLG book. So what is the intent in terms of where do we maintain our PCR in the medium term, and how do you see the credit cost? Is this quarter like a sustainable number because of the utilization that we have done, or can we see some rise in the coming quarters on the credit cost front?
Yes, so that is the reason I asked. On one hand, yes, we have provided additional on JLG book, but we have also utilized the estimate provision that we had which has saved for the quarter that much extra expenses.
RBL Bank Limited CC-Sep24.pdf · 2024-10-19
A few questions I have. First, sir, on the deposit growth, we have had a very strong quarter on deposits, even the SA growth is very strong. So what has really driven this? And how sustainable this growth is?
Okay. And second question I have is on the LCR. Now this quarter, we had such strong deposit growth quality, as you were saying, is also getting better but LCR has dropped sequentially. So what has changed? Any change in the runoff factor that we have incorporated this quarter?

Axis Bank Limited

Axis Bank Limited CC-Jun25.pdf · 2025-07-17
Yes, hi. So, two questions. One is on the SA deposits wherein we have cut like 50 basis points, even for deposits above INR50 lakh, in line with some of the other large peer banks. So, have we seen any outflows there? And what was the composition of SA deposits above INR50 lakh, if you can share? Because our deposit base has declined marginally. So, any outflows? Because such deposits will naturally be a little more interest rate sensitive. So, any color around that? That's question one. And second question, and 1.41% gross credit cost excluding technical impact, it's like materially higher versus peers, almost like 3x peers. So, when you say that FY '27 will be more normalized, how should we look at that? Because earlier we used to give that long -term average credit cost chart in the presentation. So, just some idea as to what could be a more normalized number, given where we are right now.
Right. Got it, Puneet. Thanks so much. And wish you all the best.
Axis Bank Limited CC-Sep24.pdf · 2024-10-17
Yes, hi. Good evening. Thanks for the opportunity. I have two questions. One is on the CD ratio and LCR, if you can indicate like what is the comfortable like number of threshold that you will want to maintain on this. And specifically, LCR, what really driven this increase in outflow rate? So how are we looking at this going forward in the next quarter?
Okay. And the second question is on the employee base. There is a very slight decline in 1,100-odd employees this quarter, while you added 150 branches. So how are you looking at the expansion going ahead in terms of how then the branches would work?