Preethi RS

So can you explain the diffe rence in trends that you're observing in used vehicles, commercial vehicles and new CV? And what could be the possible reasons, one, on asset quality, and two, on demand?

Got it. And on the asset quality trend, sir?

Sir, my question was in the short to medium term, are you seeing stress in used vehicles lower than that of new vehicles?

My question is on the asset quality in Vehicle Finance. If you look at the provisions, it is trending at around 1.6% for the first half which is higher compared to pre-COVID trends, and even the gross stage 3 on absolute basis is higher by 17% compared to March '23. And if you do some back calculation, it suggests we have written off Rs.400 crores on an overall portfolio basis.

So, is it fair to say it's the tractor segment with the vehicle finance?

And could you confirm if the write-off number is right for the Q2? What is the write-off number for H1?