IndusInd Bank Ltd (BOM:532187)
₹ 984.95 1.45 (0.15%) Market Cap: 766.81 Bil Enterprise Value: 753.80 Bil PE Ratio: 9.48 PB Ratio: 1.17 GF Score: 59/100
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Q1 2022 Indusind Bank Ltd Earnings Call Transcript

Jul 27, 2021 / NTS GMT
Release Date Price: ₹975.65 (-0.58%)
Operator

Ladies and gentlemen, good day, and welcome to IndusInd Bank Limited Q1 FY '22 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.

Sumant Kathpalia
IndusInd Bank Limited - MD, CEO & Additional Director

Good evening, and thank you for joining the call. I will start with some macro commentary and then go into bank-specific details. With the second wave of COVID-19 pandemic gradually subsiding in quarter 1 and easing of mobility restrictions, our recovery in economic activity is taking shape, which would become more visible over the second quarter of financial year '22.

Higher frequency data suggests that activity levels improved in June from the bottom made in May, and the recovery has continued in July. The adverse economic impact of the restrictions imposed this year is likely to be limited in comparison to the national lockdown last year. A supportive policy

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