Disclosure for Quarter ending March 31, 2023

1. Funding Concentration based on significant counterparty

Sr. NoNumber of Significant CounterpartiesDraw Down Amount (INR Crores)Outstanding Amount (INR Crores)% of Total deposits% of Total Interest Bearing Liabilities
11250.00178.79Nil17.13%

Note: The significant counter parties are considered where the single entity exposure is greater than or equal to 10%, of the outstanding liabilities.

2. Top 20 large deposits (amount in ₹ crore and % of total deposits) –

Company is the non-Deposit taking Non- Banking Finance Company; hence the clause of Deposits is not applicable.

The Company has not accepted any deposits for the quarter ending on March 31, 2023.

3. Top 10 borrowings (As on March 31, 2023):

Sr NoBorrowing
 Amount
(₹ crore)
% Of Total
Borrowings
Outstanding
 Amount
(₹ crore)
% Of Total
outstanding
1250.0025.20%178.7923.79%
2150.0015.12%100.0013.30%
3100.0010.08%97.9213.03%
4100.0010.08%81.5710.85%
5100.0010.08%83.5211.11%
680.008.06%44.585.93%
762.006.25%52.677.01%
850.005.04%46.886.24%
950.005.04%18.752.49%
1050.005.04%46.956.25%
Total992.00100.00%751.63100.00%

4. Funding Concentration based on significant instrument / product

Sr.
No.
BorrowingBorrowing Amount
(INR Crores)
% Of Total
Interest-Bearing
Liabilities
Outstanding Amount
(INR Crores)
% Of Total
Interest-Bearing
Liabilities
1Term Loan 1,352.0086.61% 1,043.6387.71%
2Non-Convertible Debentures 50.003.20% 51.224.30%
3Securitization liabilities 153.959.86% 91.017.65%
4Cash Credit / Working capital
demand loan
 5.100.33% 4.010.34%
Total1,561.05100.00%1,189.86100.00%

5. Stock Ratios:

Sr. No.Stock Ratio%
1Commercial papers as a % of total liabilitiesNIL
2Commercial papers as a % of total assetsNIL
3Non-convertible debentures (original maturity of less than one year) as a % of total liabilitiesNIL
4Non-convertible debentures (original maturity of less than one year) as a % of total assetsNIL
5Other short-term interest-bearing liabilities as a % of total liabilities43.45%
6Other short-term interest-bearing liabilities as a % of total assets17.40%

6. Institutional set-up for Liquidity Risk Management

  • The company’s ALCO has overall responsibility of management of liquidity risk. The ALCO decides the strategic policies and procedures of the Company to manage liquidity risk in accordance with approved risk tolerance limits.
  • The Company also has a Risk Management Committee reporting to the Board and responsible for evaluating overall risks faced by the Company including liquidity risk.
  • Asset Liability Committee of the Company consisting of Independent Director(s), Director(s), CFO & Partner(s) are responsible for ensuring adherence to the risk tolerance limits as well as implementing the liquidity risk management strategy of the Company.