The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Nidhesh Jain - Investec Bank plc, Research Division - Analyst
: Just one clarification on freight guarantee scheme. The disbursement that we have done is corresponding to what percentage of portfolio? And
we have done that in only in home equity segment, right?
Ravindra Kumar Kundu - Cholamandalam Investment and Finance Company Limited - President, Business Head of Vehicle Finance & Executive
Director
No, we have done for Vehicle Finance. But as of September, we have done only -- mostly, we have done into the LAP. And Vehicle Finance, we have
done it, which is going to come in the Q3. So INR 400 crores, whatever disbursement we have done as against the, say, INR 1,000 crores, so -- of Q2.
So that is 40% of the overall disbursement in the LAP has gone in the traded guarantee. As far as the Vehicle Finance is concerned, we have not
done much, very insignificant number. But in the month of October, the numbers are better.
Question: Aswin Balasubramanian - Hsbc Asset Management (India) Private Limited - Analyst
: On the Slide #25, you've given this table that giving this moratorium months and the number of EMIs paid. So just had one query there. If I look at
that table where the moratorium month is 1 or 2 months, where are the number of customers paying more than let's say, 2 or 3 EMI kind of sharp
drops, whereas if the moratorium month is 4 -- I mean, 3 or 4, then you see an increased average kind of seems counted in Q2, right? Because if
the -- if they've opted out of the moratorium it wouldn't...
Question: Aswin Balasubramanian - Hsbc Asset Management (India) Private Limited - Analyst
: Okay. Okay. Got it. And if I can add 1 more question or -- this Supreme court benefit, which you've taken on the gross Stage 3, that is about 0.2%,
0.3%. Now this would be the stage 2 number as of June, which I mean would have otherwise slipped. I mean, so you had about INR 1,600 crore at
that point of time in Stage 2.
Question: Aswin Balasubramanian - Hsbc Asset Management (India) Private Limited - Analyst
: So that means...
|
