Allotment of 50000 non-convertible debentures

Project Cyclops has now been operating for 2 years in our Two-Wheeler business, and has underwritten a portfolio of more than ₹12,000 Cr and consistently outperforms industry risk benchmarks by a wide margin.

We believe that these capabilities will progressively improve customer acquisition, strengthen portfolio quality, and reduce operating cost and enhance operating leverage over the coming years.

the customer selection for the last 24 months has been of a order of magnitude better quality.

Today, 2 years later we are pleased to share that our technology platform is powered by 1,000+ technology and data science professionals who have built an in-house deep tech stack on customer intelligence, credit intelligence, portfolio intelligence and service intelligence.

Our YoY Retail Book growth for the quarter stood at 18% supported by strong performances in Farmer Finance disbursements with a 16% YoY growth, a 65% YoY growth in Personal Loans disbursement, a 24% YoY growth in Housing Loans and a 30% YoY growth in SME Finance disbursements.

We continue to maintain our focus on sourcing more prime and near prime customers who exhibit credit resilience, which led to the Prime customer share in our Two Wheeler Finance disbursements increasing to 84% in the month of June-25, which stood at 53% for the month of March-24.