Just on the new sourcing mix, the 4Q mix towards Banca is like 63%. and it's like the highest ever seen. So, is this like a new strategy where we are shifting towards more banca mix? Or is this like this quarter, we took a break from our sourcing or something like that? Any comments on that? Yes.
Questions across 4 calls
Punit Bahlani
Macquarie Capital
SBI Cards and Payment Services Limited
Mahindra & Mahindra Financial Services Limited
Firstly, on the margin bit, sorry, I missed the opening remarks. What was the reason for the yield improvement of 20 bps?
Okay. Got it. Sir, secondly, on the PCR change. Say, last quarter, you have given a recovery period for LGD was, say, Q4 '21 to Q2 '25. So, that included the 1Q FY '22 period, right? I am wondering like if this quarter also it included , then why was this change not done last quarter when the high recovery period was included in the last quarter as well, if we are going by that 42-month period?
LIC Housing Finance Limited
Just to confirm one thing, the INR1,000 crores is the write-off for this quarter, right?
Okay. And what will be the recoveries?
SBI Life Insurance Company Limited
So just on an APE growth basis. Your peers have said that t hey are expecting APE growth in line with industry level, but what would be your expectation sir? I know you don't want to give an explicit guidance, but will we be expecting higher than industry growth or in the high teens or what are your comments?
Right.