The company today reported 58 percent jump in net profit at Rs 408 crore for the quarter ended December on higher operating income. The company's net profit stood at Rs 258 crore during the corresponding quarter of the previous fiscal.

Asset quality parameters this time? Fundamentally we sold Rs 82 crore of mortgage assets. Gross NPA, as a result of that, improved by 10 basis points and net NPA, improved by another 7 basis points. However, otherwise across businesses, from a credit quality standpoint, the quarter was very steady. I would say it was a very good quarter on all metrics for us as a company including risk metrics. We foresee asset quality to remain reasonably stable and range bound between 1.3-1.45 percent on short to medium-term as a company.

Segments which are driving the AUM growth? Across consumer, SME and commercial, all three categories of our businesses, segments of our businesses grew. Consumer grew by 43 percent, SME grew by 32 percent and commercial grew by 51 percent. Rural also grew albeit a very low base so that growth was close to 400 percent. However, as I said the base is very low. Growth was secular and was pretty strong across all four segments of our businesses.

Outlook on AUM growth? We continue to guide for a 25 percent AUM growth despite the fact that for a nine months basis we have grown 40 percent so far. However, I would say that a 25 percent AUM growth, we are quite comfortable with. It would also ensure that the risk metric for us as a company does not provide a surprise.

NIMs in Q3 FY16? : Overall, I think the NIMs were very steady. Overall cost of funds have gone down. On a year-on-year (YoY) basis there is a 40 basis points drop in cost of funds. Part of it is transmitted to customers across consumer, SME and commercial businesses but part of it has come back into the profit pool as well. Clients acquired was one of the big highlights for the quarter. Company acquired close to 1.85 million new customers in the quarter gone by, so, that was a big highlight for the quarter. As a result, the operating leverage was strong so our net interest income (NII) grew faster than our operating expenses because credit was strong. So, overall I would say a very good quarter for us as a company.

Where do you generally see the stress from? We continue to be cautious on loan against property portfolio. In general competitive activity in that business is very intense. Pricing pressures are very strong because of intense competitive activity, so, that is business that we have been cautious on for the last 6-7 quarters and we will continue to be cautious about. Real estate market is not necessarily in the best of health. So, we are reasonably cautious in that space and that is the only area that we are watching carefully.