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: Aswin Balasubramanian - Hsbc Asset Management (India) Private Limited - Analyst
: Sir, on the LPR that you mentioned that you had a positive effect. I just wanted to understand what will be the nature of the investments which
you will have for this year? And also what will be the quantum in terms of the investment book that you need to hold for LCR?
Question: Aswin Balasubramanian - Hsbc Asset Management (India) Private Limited - Analyst
: Sir, so these will be longer [tenure G6], is it or (inaudible).
Question: Aswin Balasubramanian - Hsbc Asset Management (India) Private Limited - Analyst
: Okay. Okay. And the INR 600 crores is the additional for LCR or it's the total investments on your balance sheet?
Question: Aswin Balasubramanian - Hsbc Asset Management (India) Private Limited - Analyst
: Okay, okay. Got it. And also, I mean, I just noticed in the presentation in terms of LAP segment, although it is small, has seen good growth this
quarter. So I mean, is that incrementally more focus on that segment? Or what is the strategy there? And what would be the customer segment
there for you?
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JANUARY 27, 2022 / 9:00AM, CNFH.NS - Q3 2022 Can Fin Homes Ltd Earnings Call
Question: Aswin Balasubramanian - Hsbc Asset Management (India) Private Limited - Analyst
: Right. And just one more question. In earlier quarters, I mean, your RAC rate was also a bit lower and you had changed your strategy in terms of
wanting to sort of be competitive with banks. So currently, given that your RAC rates is much higher and your incremental yields are at 8%, so is
that, again, like a change in strategy of customer segment in terms of the segment which you are catering to versus the -- which banks are catering
to? Because even those banks are offering, let's say, 6%, 6.5%, 6.7% kind of rates on home loans?
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