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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Indusind Bank Ltd Analyst Call Transcript

Nov 06, 2021 / NTS GMT
Operator

Ladies and gentlemen, good day, and welcome to IndusInd Bank Limited Analyst 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

Dear all, thank you for joining on this call on a festival weekend. I hope you would have seen our press release yesterday, clarifying the facts and thus will keep my opening remarks short followed by question-and-answer. As you all know, IndusInd had a great long-standing business correspondent arrangement with Bharat Financial Inclusion Limited, which culminated into a merger in July 2019. We feel price itself as a process-driven organization with the professional management. The banks inherited these processes built over years of operations in the deepest of geographies and added further layers of oversight once the merger was consummated.

The bank, however, received allegations made

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