Thank you so much for the opportunity and many congratulations on the successful closure of the transaction and the rating upgrade. My question was largely around the NIM expansion that we are seeing in FY '27 to FY '28. It's projected to go from 3.5% to 5.8%, whereas the cost of funds is not declining to that measure. And the leverage also on the book is increasing despite what I think is a bit of equity infusion also, which has been assumed during FY '28. So just wanted to understand what are the levers which are actually leading to this such a significant yield expansion, which is leading to this increase in NIMs?
Questions across 1 call
Vineet Sharma
Param Capital