Q2 2021 Kotak Mahindra Bank Ltd Earnings Call Transcript

Oct 26, 2020 / 12:30PM GMT
Uday Suresh Kotak - Kotak Mahindra Bank Limited - MD, CEO, Member of Executive Board & Director

Good evening, friends, and welcome to our September Quarter Analyst and Investors Call. I'm very happy to come -- once again, spend time with you in these unique times. Last 6 months have given financial institutions a great opportunity to position themselves for a future in a never-normal world. Yes, the situation has significantly improved from the times which we saw in April and May to October now. But if there is one word, which is coming to become the crucial word around which we need to build our business model, it is resilience. And how resilient are we for these changing times? And what is the capacity of institutions to be far more flexible in terms of the changes required across the board to running off a financial institution?

The world is seeing a second wave, which is right now enveloping it in many parts, particularly in Europe and U.S. On the other hand, India is showing a very positive trend, as I talk, in terms of the levels of new active cases from the number of positives, the

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