@jatinkoradiya I have tried to do some back calculation to forcefully arrive at the management guided PPoP and RoA at the same time and the only explanation I could arrive at was that the credit cost of 2% for the year was on assets which are currently classified as standard whereas there might be additional provisions related to currently not provided for NPAs. (refer image below)
Disclaimer: This is the first time I am evaluating a bank / lending institution and most of my financial knowledge on this industry has been accumulated over my reading in the last week. So my analysis may have fundamental issues. Will be happy to stand corrected.
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