I have a couple of questions. First on margins, specifically yields. So , we have reported about close to 13, 14 bps of yield expansion Q-o-Q. But as I remember, last quarter, due to ARC sale and the GNPA increase, we had interest reversal and we had cited that as one of the reasons to have impacted yields. So, is this just a reversal of that? Or how should we read this? Or is 17.5% to 17.75%, is this the new normal of yields?
So, my next question is on growth. So, specifically on the operational parameters. So, if I notice, I mean, gold price Q -o-Q had increased about 9%. Even on an average basis, it has increased about 4% between 2Q and 3Q. Our gold loan growth is still trailing at 2.5% Q -o-Q. And this also seems to be largely value driven, and which is what we have been having value-driven loan growth for almost the entire year. Our customer addition is still trailing at 1% or lesser. Even if I look at average ticket size of gold loans on a per loan account basis, that is up 15% Y-o-Y. So, most of our growth has come from this. I look at it the other way . LTV is now down to 65%. But if I adjust for the gold price increase, end of period increase, LTV has actually gone up to 71%, 71.5%. So, almost the entirety of our gold loan growth still comes from price movement. So , how should we look at this going forward? Because we seem to be completely at the vagaries of gold loan price is what is moving us.