Stockrabit · Analysts
Questions across 2 calls

Pranav Gupta

Aionios Alpha Investment

Niva Bupa Health Insurance Company Limited

Niva Bupa Health Insurance Company Limited CC-Dec24.pdf · 2025-02-04
I wanted to understand the accounting of the long -term products better. I'm not sure if this was discussed earlier in the call. I joined late, so apologies for the repetition.
No, absolutely understand and appreciate that, sir. I was j ust trying to understand, how the accounting of GWP and NEP works. But keeping that aside, given that, you mentioned that almost 20% plus of our policies are longer term policies. And with this change in reporting requirement, is there any thought of sort of probably bringing that proportion down? Or are we comfortable with the kind of changes that we need to do in terms of the way we report? that's the question I was trying to understand.

Five-Star Business Finance Limited

Five-Star Business Finance Limited CC-Dec24.pdf · 2025-02-01
Yes, hi, team, and thanks for the opportunity. So, two questions on growth. One is this quarter, obviously, we saw a disbursement like you had mentioned previous quarter, but you also mentioned that next quarter should probably be in line with what we hav e seen in previous years. So, just to bring down the disbursement this quarter, what has led to this, whether it's higher rejection rates, whether it's lower sourcing and how do we get back to the normal run rate in next quarter? That's the fi rst question. And additional question on growth is, Srikanth sir mentioned that MFIN guard rails will probably provide incremental opportunity for growth given that customers will get lesser and lesser unsecured loans to MFIs. So, what proportion of our AUM would come from top -ups or improvement in loans or anything which is on top of the initial exposure?
I understand the point where obviously these borrowers are not borrowers from unsecured to pay secured lenders. The reason I was asking the question is, from what I remember from earlier con calls, we have always been clear that we are not the kind of lender who's looking to do repeat business. So, there is sort of a disconnect on that front where if we think that MFIN guard rails will provide us incremental opportunities to lend, is there a change in stance? That's the question that I wanted to get a bette r understanding on.