Q3 2023 IIFL Securities Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to the IIFL Securities Q3 FY '23 Earnings Conference Call. (Operator Instructions). Please note that this conference is being recorded. I now hand the conference over to the management. Thank you, and over to you.
Thank you, and good afternoon, friends. Thank you for joining the conference call for Q3 FY '23 results of IIFL Securities. I'm R Venkataraman, Chairman and Managing Director of IIFL Securities, and I'm accompanied with Ronak Gandhi, our CFO. At the outset, I want to take this opportunity to wish all of you a very happy and prosperous New Year.
Amid continued tensions between Ukraine and Russia and driving inflation across the globe, central banks are rising interest rates. The war against rising interest rates has led to recession risks across several economies, developed and not so developed. A survey conducted by World Economic Forum in the last quarter of '22 indicated that global recession is likely sometime in '23. Indian
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