If you see in detail you realise that NII has expanded. We have been able to pass-on the rate hikes which happened in the last few quarters and that has been passed on to both our home loan customers, the mortgage finance customers and some bit on the gold finance as well. As we use those numbers there is some credit cost which is coming in this particular fiscal but going forward we should be keeping ourselves on a credit cost range of around 1.5% to 2%. "In the coming quarters there could still be some marginal hikes which can come in because of the way market will behave whether it is on the banks MCLR sides or on the repo side. If need be we will do some kind of a pass on or ensure that we are managing our NIMs ," says Kapish Jain , CFO, IIFL Finance . Firstly on to the NII expansion, it is largely muted despite strong interest income growth how quickly is your asset side going to get reprised as per you? If you see in detail you realise that NII has expanded. We have been able to pass-on the rate hikes […]
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