Q4 2021 ICICI Bank Ltd Earnings Call Transcript

Feb 10, 2024

Apr 24, 2021 / 01:15PM GMT
Operator

Ladies and gentlemen, good day, and welcome to the ICICI Bank Q4 FY '21 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Sandeep Bakhshi, Managing Director and CEO of ICICI Bank. Thank you, and over to you, sir.

Sandeep Bakhshi - ICICI Bank Limited - MD, CEO & Executive Director

Thank you. Good evening to all of you, and welcome to the ICICI Bank earnings call to discuss the results for Q4 of financial year 2021. Joining us today on this call are Vishakha, Anup, Sandeep Batra, Rakesh and Anindya. Thank you all for joining us today. We hope that you are safe and in good health.

The level of economic activity saw an increasing trend from January to March. The Ultra Frequency Index, comprising several high-frequency indicators tracked by our bank's economic research group, rose from 106.3 in mid-January to 108.2 in March, indicating activity sustaining above pre-COVID levels. This was on the back of robust industrial activity indicators such as power

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