There are a couple of things which actually gives us the confidence of having an asset quality which will be maintained.
One
of course is our underwriting standard.
Second
we have strengthened the collection machinery significantly and third the most
important one
we
recognize the stress much in advance and we provide for it immediately, so
whatever stress we observe
it
may not be a regulatory requirement to provide for such assets but we do it
right away.
So
that is something which gives me a confidence that perhaps we will not see any
challenge as far as the stress in the book is concerned
and
it is it is uniform across the same corporate and retail so that is something
which really it makes me happy but of course,
we
have to keep on working on these lines okay so let me try and get some numbers
from you then you know your
slippages
and restructuring so far in this year's almost above 42000 crores.
If
he is not wrong what will the full year look like any number you can share or
the credit costs guidance for the full fiscal year.
I
think credit cost guidance, i will be
maintaining prior guidance of keeping it less than one by all means so 100
basis point so that will be my guidance even going forward and also let me also
tell you that i would like to under promise and over deliver so that is the
other very cardinal principle which i follow, so that's where it stands and so i think.
When
it comes to other numbers of course the kind of slippages which you have seen
this quarter the early trends for the coming quarter also are more in sync with
the similar kind of slippages and we don't expect any challenge on this but
you'll close the full year with what you're at about 42000 with restructuring
plus slippages you'll close to your width he would not hazard a guess as of now
let us see what happens but as he is mentioned he is very strongly believe in
under promise and over delivery.
corporate book is concerned he would like to mention that we had a under
utilization of the working capital limit and corporate site to the extent of
almost about 52 percent so it has come down to under utilization has come down
to 43 so which means that the utilization of the working capital facilities
have improved to the extent over nine percent and similarly when it comes to
time loans there was univalent of term loans.
Which
was as high as about 22 percent in the in the month of December 20 it has come down to about 21 so
marginal improvement there but overall in terms of absolute number this total
number aggregates to about 4 lakhs crore so that is where it stands apart from
that the kind of announcements which have been made in the budget relating to
infrastructure.
It is will give confident that it will actually encourage a lot of loan growth.
We can we continue to support infrastructure sector creation and apart from
that the other core sector will also witness a decent growth we saw last year
itself that when it comes to iron and steel the capacity utilization has had
almost 800 and similarly when it comes to aluminum also it was almost 100 so we
expect capacity addition in these sectors.
Which
will also give us an opportunity to support the credit growth of the bank so
overall he would like to say that the early trends which we have seen in the
month of January of this of this current quarter it august well because last
quarter we have seen the overall credit growth as high as about 1.33 trillion
we expect that we should improve this credit growth in this quarter.
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