Q1 2022 Kotak Mahindra Bank Ltd Earnings Call Transcript

Jul 26, 2021 / 12:30PM GMT
Operator

Ladies and gentlemen, Good day, and welcome to Kotak Mahindra Bank Limited Q1 FY '22 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded. I would now like to hand the conference over to Mr. Uday Kotak. Thank you, and over to you, Mr. Kotak.

Uday Suresh Kotak - Kotak Mahindra Bank Limited - MD, CEO, Member of Executive Board & Director

Good evening, friends, and welcome to the call post quarter 1 results announcement by Kotak Mahindra Bank. The right place, obviously, to start with is the situation with reference to COVID, particularly in Q1 '22. And as you are all aware, but I must say, that what happened in May 2021 is one of the most impactful periods in my living memory. And I've never seen anything like this ever before. And it was something which we could not have bargained or planned irrespective of what our thinking was even a few months ago. And effectively, quarter 1, we have to keep in mind that about somewhere between 30 to 60 days of the quarter were lost in the mayhem which happened in May 2021.

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