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: Piran Engineer - CLSA Limited, Research Division - Analyst
: I just have a couple of clarifications, sir. In vehicle finance, last quarter, our restructured book was INR 2,250 crores and it's gone up to INR 4,200
crores. Are my numbers correct?
Question: Piran Engineer - CLSA Limited, Research Division - Analyst
: And the next one is also on when Kundu sir mentioned about the roll forward rate, he mentioned that it was 2% in September and it has declined
to about 1.75% in October. But if I recall, last quarter, in July, you all have mentioned it was 1.5%. So is it a seasonal thing that in September, October,
it increases? Or is there anything more to read into it?
Ravindra Kumar Kundu - Cholamandalam Investment and Finance Company Limited - President, Business Head of Vehicle Finance & Executive
Director
Yes, correct, correct. You're right. So in the month of July, it was 1.45%. In August, 1.6%. In September, because of the floods across the country
and heavy rain, it went up to 2%. Then again, it has come down to 1.76%. So for the quarter, if you see that, it is around 1.6% for the last quarter.
And this month, it has actually again come back to the -- the beginning itself is a very good, 1.76%.
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