Bajaj Finance Ltd Q2 2021 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Ashish Sharma - ENAM Asset Management Company Pvt. Ltd - Analyst : So Rajeev, just a couple of questions on the asset quality, and specifically, the provisioning costs. So the one clarification, which I think you mentioned that we are preempting little bit of a credit cost for FY '22. So just wanted to get clarity that in no way that the way we think the credit cost will pan out that there will be any slippage of FY '21 credit cost to FY '22. Basically, we are -- actually, it's a reverse that we are preempting little bit which actually would have spilled to FY '22 and we are preempting that. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. OCTOBER 21, 2020 / 10:30AM, BJFN.NS - Q2 2021 Bajaj Finance Ltd Earnings Call

Question: Ashish Sharma - ENAM Asset Management Company Pvt. Ltd - Analyst : No, I think that's just about it. Second question would be on BHFL specifically. I think in terms of growth outlook there, I think, in Q1, we had made a certain statement as to -- we will have to review the growth outlook there? I mean, how do you see the situation? I mean, the rates have come off even more from Q1 to Q2, in terms of outlook on growth and profitability for BHFL?

Question: Ashish Sharma - ENAM Asset Management Company Pvt. Ltd - Analyst : Perfect. Perfect. And I think you clarified on the liquidity buffer part. So going in the second half, we will start reducing the additional liquidity buffer?