Stockrabit · Analysts
Questions across 10 calls

Rahul Jain

Goldman Sachs

HDFC Bank Limited

HDFC Bank Limited CC-Jun25.pdf · 2025-07-19
Yes, thank you and good evening, everyone. This first question is on the loan growth. So, can you get some qualitative color on how would have been the growth in disbursals of the new loans that you would have underwritten in this quarter and how is the pace picking up there? Classification - Public And, of course, there is always a time lag between the dis bursal growth and the loan growth. So, if you were to just start looking out at the next few quarters, how would that start looking out? Can you just share some color on that?
Thanks Srini. And so it's fair to assume that by the time we get into the second and third quarter, the stock of loans should also start closing the gap with disbursal growth. And the disbursal growth has been stronger in non -mortgages. Shouldn't it also reflect in s tronger fee income? B ut this quarter we didn't see fee income being that strong for some reason?
HDFC Bank Limited CC-Sep24.pdf · 2024-10-19
Three questions. First is on the trajectory of the liquidity coverage ratio. So, I wanted to understand, we have been inching up that higher. Clearly, there is a draft regulation out there. So, is that something that you are taking into our assumptions and pushing this LCR higher? Or what exactly is the reason why you're thinking there? So that's question number 1.
So just to simplify, Srini. So LCR, would it further go up or you would run it down a bit because clearly now the mix is also changing and we would want to push up our margins also because the ROA also could potentially be better, or you will keep inchi ng this up because there's an impending regulation that is out there or draft regulation that is out there?
HDFC Bank Limited CC-Jun24.pdf · 2024-07-20
I have three, four questions. First is on the margins trajectory, right? So the governor recently talked about, again, the transmission of pricing. We are seeing massive fight going on for deposit market share and HDFC Bank has been very, very disciplined on pricing. So at any point in time, you need to relent and start increasing the deposit rates, so how do you see the scenario shape up for you all? And what will be the impact on margins because you're trying very hard to kind of maintain it or keep improving it? So in this scenario, how do you envisage profitability to shape up for you all in the coming quarters?
HDFC Bank Limited CC-Mar24.pdf · 2024-04-20
Thank you. Good evening Sashi. Good evening Srini. Sorry for bad throat. Just wanted to put across some thoughts and would be painting some scenarios if I may. What I've heard you, Sashi, so far speak it appears to me is that we are -- we seem to be in a balance sheet fixing mode and we would sort of use all the possible levers to bring the LDR down? And in that context, what you talked about ma rgins versus LDR in response to previous questions. So I want to check with you, we saw 4 basis point of margin expansion with quarter basis in your presentation. And that also corresponded into the LDR drop. If we see scope for further margin expansion, do we get to a scenario where the LDR drops could be even more meaningful as we move forward, of course, subject to wherever there is a scope given that there are contractual obligations in place. So that's question number one.
Thanks. Very helpful. The other question was on the cost of deposit s and deposit mobilization given that the system is still pretty much operating in a tight liquidity environment, the rates are still pretty much elevated. You talked about pressure on household savings, the alternatives, is it the interest rate sensitive, alternatives are also very high. We have a kind of -- it seems that the cost of deposits has stabilized for us. It was down, as per presentation marginally in this quarter. So does it mean that we will not be seeing an increase now, we've kind of stabili zed on that? And if market -- if the competition is bidding up for deposits, we might choose to let go off like the way we did it in the third quarter. And therefore, the cost of deposit is something that you have control over or how would you react to it?
HDFC Bank Limited CC-Dec23.pdf · 2024-01-16
Yes. Thanks. Good evening, Srini. Two, three questions. Number one, the whole debate between LDR and LCR. For you as a management team, what is it that you're focusing on? I know you've put out a certain trajectory for LDR, but right now the LCR has kind of come off to 110% as the previous participant pointed out, 110%, clearly, there's not really much room for it to go down. So what really is a key number to focus on for you all?
Yes. The reason why I asked this question also, Srini, is because we've bottomed out on LCR and we can't really go down any further. LDR is clearly elevated. So clearly, loan growth outlook and the visibility there on is looking a little difficult given the environment that we are in. So what do we prioritize, growth or margins? Regardless, growth and clearly, th e loan growth has to come off for us to start and bringing these ratios to a more acceptable range. Or if you have to grow, then margins really takes a knock because you'll have to offer the increase in deposit rates further. So how are you trying to balance these two?

AU Small Finance Bank Limited

AU Small Finance Bank Limited CC-Mar25.pdf · 2025-04-22
Sanjay Ji and team, I think, congratulations, it's been a tough year for you all. And despite that, your numbers are decent. I just had a few questions. Maybe just to start with the credit cards, the loan loss provision guidance, which you said this is still some residual pain that you'll clean up in the first half. But in this quarter, you already made 150% sorry, INR150 crores of provisions. So how much more is required -- I mean if you can just share some more color on SMA-1, SMA- 2 book in the credit card space. So that's one. Second is, I have another question on NIMs, but let's just discuss this first before I move to the second question.
So the first half would mainly be any elevated credit costs that might be there would mainly be because of the MFI and lower recoveries in your secured retail asset business, which is seasonal in nature. Is that a fair assumption?

Bajaj Housing Finance Limited

Bajaj Housing Finance Limited CC-Dec24.pdf · 2025-01-27
Just two or three questions. So I actually joined in the call much later, so pardon me if it is repetitive. But did you answer any question related to the credit cost? It was about, calculated basis 15 basis point in this quarter annualized. So what explains this? Is this just the rising stage 2 and stage 3 in this quarter that you had to make provisions for or some contingent provisions also started building into the books?
Very helpful. The other question is, have you disclosed what proportionally developer financing book would be to the under construction projects? And what would you explain now, what stages of development these projects would be, etc.?

Kotak Mahindra Bank Limited

Kotak Mahindra Bank Limited CC-Dec24.pdf · 2025-01-18
Just a couple of questions. So, just to maybe ask differently on credit cost and slippages, so I think what I understood is, MFI’s still a bit of a trouble, CC’s plateauing, PL is gradually improving. Not the recoveries but whatever fits into NPA but the new formation of NPLs. So, does it mean that the slippages will peak in this year and thereafter in the next year it will start to improve, considering, whatever has been happening in the broader economy?
Got it. And credit costs should see a similar trend, therefore, right? I would reckon that this quarter a significant part of the credit cost may have come from , let's say, the write-off of the MFI loans. We know the write-off figures and maybe unsecured share to recognize. So, as we get into the next year, all of this would have been recognized as a slippage trend further, keeping in mind , like you said Ashok, where we are in the economy , credit cost also should start to taper off. Would that be a fair assumption to make? Is this how you are also thinking about this line item?

IndusInd Bank Limited