PTC India Financial Services posted a mixed set of Q3 numbers. Net interest margins (NIMs) have declined due to a sharp fall in yields but on the other hand asset quality has seen a significant improvement this time.
In an interview to CNBC-TV18, Ashok Haldia, MD & CEO of PTC discussed the company's Q3 performance.
Haldia said that a portion of thermal assets is down from 26 percent to 19 percent in Q3 of FY18 on year-on-year (YoY) basis.
He further said that our loan book has increased by 30 percent on YoY basis and I believe that we should be able to maintain growth around 25-30 percent in the quarters to come.
However, our focus is not much on increasing book size but ensuring the quality of the portfolio that we have, he added.
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