The vehicle pools are expected to continue their stable performance in the medium term, given the strong domestic economic cycle; financiers would also ramp up the collection efforts in Q4 of the fiscal. However, the impact of the current fluctuations in global fuel prices would be a key monitorable. Microfinance institutions embraced technology-driven collections, post the Covid-19 pandemic, showing positive signs and healthy performance. Secured Small and Medium Enterprise (SME) pools have outperformed unsecured SME pools in terms of collection efficiency and asset quality. Furthermore, the delinquencies in the securitised personal loans pools have remained range-bound, with 90+dpd between 1.6% and 3.4%.