IndusInd Bank Limited CC-Sep23.pdf · 2023-10-18
Sumant, I have a question on contingent provisions because if you are saying you want to make INR300 crores contingent provisions this year and make 1.3% credit cost, including that, then why did you dip into INR500 crores of contingent provision in first half, you did INR500 crores and then you make INR300 in second half. So, this not a coherent strategy I feel. So just wanted to get a clarity on this. How are you looking at it are we still maintaining that you will be between 1.1% to 1.3%, inclusive of the INR300 crores contingent provisions that you want to make this year?
Okay. Now the thing is about slippages, right? So, see your slippage is up this quarter, you had some corporate numbers, so you ha d INR1,400 crores of slippages a nd last quarter was a somewhat similar number. So, you see this number trending down, you're saying in the second half, right?