Adding some more points which may have been missed in the concall summary.
- Four new branches were opened in Q1 FY ’25 in existing states to expand reach.
- Loan management system and Oracle FLEXCUBE implementation is in advanced testing stage and will go live in coming quarter
- Mention of co-lending being explored and tie up with a PSU bank for the same
- The Credit Linked Subsidy Scheme (CLSS) under the PMAY has positively influenced their growth and loan quality by making homes more affordable for borrowers. They’re waiting for more fine prints to come out and then may talk more about any guidance related to PMAY.
- Bank money is borrowed in this quarter at 8.40% which was 10% cheaper last quarter.
- The company expects its AUM to grow by 20% to 25%, driven by more branch count increase and less workforce increase (in comparison) over a period of time. Efficiency lead growth.
- Part of less disbursal was due to RBI circular which required more formalities from the customers.
I hope I’ve not made any mistakes in interpreting any point. Feel free to correct me. Also, @karu_lamborghi_ did a good job in covering most of the points.
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