Also Santosh- the legacy book as they define is – loan book as of Dec 2022 or FY22 – need to check the concall as i was listening while sleeping. any thing prior to that is called as legacy loan book – they plan to reduce that to 5000cr by FY27.
The 10000 which you mentioned is not in balance sheet – its already written off, but trust me, whatever is being recovered – is being further utilized towards creating provisions on legacy book.
Like they did for AIF provision reversal this quarter.
Hope this helps
| Subscribe To Our Free Newsletter |
