Full Year 2021 Indusind Bank Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to the IndusInd Bank Limited Q4 FY '21 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Sumant Kathpalia, Managing Director and CEO, IndusInd Bank. Thank you, and over to you, sir.
Good evening. Good morning to people in the U.S. First of all, my apologies for the delay in the call, this was due to the technical issues which we faced in uploading of the file to the exchanges. We had to have a press meet, and then we are starting with the investor call. So my apologies for that. Thank you for joining this call. I will start with some macro commentary and then go into the bank specific details.
At the macro level, as you all know, India is going through the second wave of COVID-19 currently. The economy was showing a healthy recovery to pre-COVID levels until the sharp surge of cases in April. All 3 sectors of the economy: farm, manufacturing and
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