Prakhar Sharma's questions to HDFCBANK leadership • Q2 2025
Question
Prakhar Sharma asked for clarity on credit costs, noting that the slippage ratio was flat quarter-on-quarter, whereas it typically improves seasonally in Q2 after a heavier Q1 for agri loans. He also asked about other moving parts in the provision number, considering the AIF provision reversal.
Answer
CFO Srinivasan Vaidyanathan acknowledged the observation about seasonality, agreeing that a slight improvement of 3-5 basis points is historically typical. However, he contextualized that the bank has made forays into deeper geographical segments and small/marginal farmer loans over the last 1-2 years, which can alter traditional seasonality patterns. The discussion did not detail other specific moving parts in the provision line beyond the AIF reversal.