Investor Presentaiton
Indiabulls
Stable Asset Quality & High Provision Levels HOUSING FINANCE
Q2 FY22
Q1 FY22
Q4 FY21
Q3 FY21
Q2 FY21
Gross NPA
Gross NPA %
2,074
2,268
2,147
2,113
2,012
2.69%
2.86%
2.66%
2.44%
2.21%
Net NPA
1,179
1,227
1,285
1,267
1,487
Net NPA %
1.53%
1.55%
1.59%
1.46%
1.63%
Stage 3 Provisions/ Gross NPA
43%
46%
40%
40%
26%
Total Provisions/ Gross NPA
152%
159%
115%
114%
107%
Amounts in Cr
Total provisions at 3,153 Cr [4.9% of loan book], which is 4.0x times of the regulatory requirement and 152% of Gross NPAs. High
provision cushion places the portfolio in a strong position to negotiate any macroeconomic uncertainties
Net NPAs are down to 1,179 Cr in Q2FY22 from 1,487 Cr in Q2FY21
Total loans restructured under the RBI's Resolution Framework [OTR 1.0 & 2.0], amounted to only 0.15% of the loan book
Total loans disbursed as at September 30, 2021 under the Emergency Credit Line Guarantee Scheme [ECLGS] stood at 176 Cr,
amounting to only 0.27% of the loan book
Average vintage of the retail loan book is now ~4 years
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as loans have run down, borrower equity in the financed property has
significantly increased leading to low current LTVs. Asset quality levels have hence stabilised for the portfolio
Real estate sector is in strong upward trajectory thereby providing high impetus to the Company's borrowers in their businesses.
Record all time high registrations in real estate in most cities
Collection efficiency has normalized to pre-COVID levels
NPA: Non-Performing assets
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