Muthoot Finance Funding and Subsidiary Overview
IMPAIRMENT OF LOAN ASSETS
Stage III Loans Assets and ECL Provision
Pa
Muthoot Finance
(in millions)
Stage I Loan Assets
Mar-22
Dec-21
Sep-21
Jun-21
Mar-21
545,326
493,279
479,721
517,110
518,634
Stage II Loan Assets
17,834
32,689
61,534
2,620
2,948
Stage III Loan Assets
17,372
20,908
10,213
6,408
4,641
% Stage III Assets on Gross Loan Assets
2.99
3.82
1.85
1.22
0.88
ECL Provision on Gross Loan Assets
7,219
7,997
7,175
6,501
6,257
ECL Provision as % of Gross Loan
Assets
1.24
1.46
1.30
1.24
1.19
Excess Provision outstanding in books
2,954
2,954
2,954
2,954
2,954
Bad Debts
(in millions)
FY 2022
FY 2021
Q4 FY 2022
Q3 FY 2022
Q2 FY 2022
Q1 FY 2022
Bad Debts Written Off
289
118
58
63
77
91
% of Bad Debts written off to Gross
0.05
0.02
0.01
0.01
0.01
0.02
Loan Assets
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