Gaurav Kalani

“So, spreads are largely flat because spreads are basically computed with this portfolio yields and cost of funds. So, portfolio yield as on the quarter end versus what you see as cost of funds as on the quarter end, or for the quarter.”

“So, yields in quarter one, there would be slight compression we will see there also. While cost of one side also, we will see some marginal benefit of 3 to 5 basis points, but on the yield side, we may see a slightly higher effect.”

“So, for the current year, we have already guided for NIM movements and NTI movements, etc. So, for the year, while we had said that we'll be able to maintain the NIIs in line with last year, NPI at an overall level, we are looking at around 15 basis points to 20 basis points off drop there for the entire year.”