BHFL Strengths and Mortgage Products Overview
ECL Summary
BAJAJ
B
FINSERV
ECL categorization
Mar'20
Jun'20
Sept'20
Dec'20
Mar'21
Stage 1 & 2 (represents standard assets)
99.92%
99.92%
99.91%
99.65%
99.65%
Stage 3 (represents GNPA)
0.08%
0.08%
0.08%
0.06%
0.35%
Stage 3 (not classified as NPA)
0.01%
0.29%
Summary of stage wise assets and ECL provisioning
in Crore
Financial Assets & ECL provision
Mar/20
Jun'20
Sept 20
Dec'20
Mar'21
Gross Stage 1 & 2 assets* (A)
28,199
28,739
29,601
31,356
34,000
ECL Provision Stage 1 & 2 (B)
112
156
220
291
310
Net Stage 1 & 2 assets (C = A-B)
28,088
28,582
29,381
31,065
33,690
ECL Provision % Stage 1 & 2 assets (D = B/A)
0.40%
0.54%
0.74%
0.93%
0.91%
Gross Stage 3 assets® (E)
23.7
24.1
26.9
110.2
119.1
ECL Provision Stage 3 (F)
9.0
9.3
10.1
41.3
45.2
Net Stage 3 assets (G = E-F)
14.7
14.8
16.8
68.9
73.9
Coverage Ratio % Stage 3 assets (H= F/ E)
38%
38%
38%
38%
38%
ECL/ Total Assets
0.43%
0.58%
0.78%
1.06%
1.04%
* 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, 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) amortisation 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.
9View entire presentation