Nuvama Wealth Management Limited CC-Jun24.pdf · 2024-07-29
Congratulations on a very good set of numbers and thanks for the opportunity. My question, sir, is more on the asset services business. You report clearing assets and the custody assets there separately, and you calculate the yield on clearing assets. So, can you just explain this a bit? What are these two different models of revenue and what will be the kind of yield that you expect on each of these two segments? And what portion of this revenue comes from domestic clients versus international clients?
I mean, all of the reported revenue comes from the assets.