Executive Summary Q3 FY21
ECL summary - Consolidated
B
BAJAJ
FINSERV
Assets categorization
Dec '19
Mar'20
Jun'20
Sep'20
Dec'20
Stage 1 & 2 (represents standard assets)
98.39%
98.39%
98.60%
98.66%
97.14%
Stage 3 (classified as NPA)
1.61%
1.61%
1.40%
1.03%
0.55%
Stage 3 (not classified as NPA)
0.31%
2.32%
Summary of stage wise assets and provision for impairment allow ance
in Crore
Assets and impairment allowance
Dec '19
Mar'20
Jun'20
Sept 20
Dec'20
Gross Stage 1 & 2 assets* (A)
1,43,534
1,44,199
1,36,461
1,38,035
1.42.287
ECL Provision Stage 1 & 2 (B)
1,443
2,299
3,729
5,099
2,708
Net Stage 1 & 2 assets (C = A-B)
1,42,091
1,41,900
1,32,732
1,32,936
1,39,579
ECL Provision % Stage 1 & 2 assets (D = B/A)
1.01%
1.59%
2.73%
3.69%
1.90%
Gross Stage 3 assets (E)
2.354
2.363
1,938
1,873
4,194
ECL Provision Stage 3 (F)
1.335
1,425
1,257
1,102
2,433
Net Stage 3 assets (G = E-F)
1,019
938
681
771
1,761
Coverage Ratio % Stage 3 assets (H= F/ E)
57%
60%
65%
59%
58%
Overall coverage ratio
1.90%
2.54%
3.60%
4.43%
3.51%
* Gross stage 1 & 2 assets represent loans balance as per Ind AS after adjusting for the impact of am ortisation of fees earned and acquisition cost incurred including other assets like security deposits, advance
to dealer, receivable from related parties, capital advances etc.
@ Gross Stage 3 assets represents loans balance as per Ind AS after adjusting for the impact of (i) am ortisation of fees earned and acquisition cost incurred and (ii) overdue interest considered recoverable
under Ind AS and other receivables considered as non-performing as at the end of respective periods.
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