This quarter also there is a reduction in loan yield. I expected NIM to reach 3.25 in Q1 FY24 and will settle there, but in Q4 itself it reached 3.29.
There is no new asset quality issues in private book, two very small account resolved this quarter, but public sector book is facing lot of heat(Evident from the increase in STL / RBPF book). Sanctions in infra are very high, once disbursed this will be growth driver in AUM.
If we normalize the provision writeback in the reported profit, due to the NIM compression, this quarter is pretty average quarter.
Disc: Invested
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