One of the analysts did ask about it indirectly. His question was regarding the customer acquisition numbers per quarter.
Vaidya responded that in the previous quarter, the acquisition rate was about 1.5 lakhs per month, which has now dropped to 70-80k per month. The bank is focusing on acquiring quality customers who maintain balances with the bank, rather than amassing millions of customers. This approach prevents overcrowding in the bank and ensures a positive experience for existing customers.
Here is the link of conference call pinned to the analyst question: https://www.youtube.com/watch?v=DBOHVPMtgW4&t=4342s&ab_channel=EarningsConferenceCalls
Subscribe To Our Free Newsletter |