CIFC's restructured assets increased to 6.9% vs 5.4% of loan book; higher than its peers which is the key concern. However, Management is quite confident of recovery in coming quarters which is visible in improvement in collection efficiency; Oct at 116% vs Sept at 115%. Asset quality improved with gross stage 3 assets declined to 6.16% vs 6.79% QoQ (2.98% YoY). Further, Covid-19 related provisions stood at 1.0% of AUM which should support credit cost for H2FY22. NIMs improved by 10bps QoQ to 7.7%. AUM growth further declined to 4% YoY (7% Q1FY22) led by higher repayments although strong growth in disbursements (up 35% YoY). NII grew by 11% YoY led by...