Market does not seem to like the results…as of now, stock is down quite a bit
Fresh Sanctions in & Disbursements in Q3 up by 14% & 9% (Y-o-Y) resp.
Loan Book grew by 19% Y-o-Y and by 4% over Q2.
NII, OP & PAT for Q3 rose by 16%, 24% & 34% (Y-o-Y) respectively.
Cost to Income Ratio improved to 14.54% from 17.15% at Dec’16 (14.61% at Sep’17)
Gross NPA contained at 0.46% (0.40% in Q2) while Net NPAs stood at 0.25%.
90.5% of fresh loan approvals during the year were for Housing & 9.5% for Non-Housing
Average ticket size of incremental Housing & Non-Housing Loans are Rs.18 lakh and Rs.9
92% of fresh approvals under Housing Loans are to Individuals with income below Rs.18
lakh of which, 40% to individuals with annual income upto Rs.6 lakh (LIG)
74% of the total loan book as at Dec’17 comes from Salaried & Professional segment.