IndusInd Bank Ltd (LUX:IDUSB)
$ 17 0 (0%) Market Cap: 13.23 Bil Enterprise Value: 14.52 Bil PE Ratio: 12.25 PB Ratio: 1.74 GF Score: 81/100
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Half Year 2021 Indusind Bank Ltd Earnings Call Transcript

Oct 30, 2020 / NTS GMT
Release Date Price: $7.85 (-0.63%)
Operator

Ladies and gentlemen, good day, and welcome to the IndusInd Bank Limited Q2 FY '21 Earnings 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, good evening. Thank you for joining the call. I will start with some macro commentary and then get into bank-specific details. At the macro level, economic recovery has resumed in September once the lockdown in last few states were lifted, coupled with expectations of COVID-19 picking up. All recent high-frequency indicators suggest economic activity close to pre-COVID level.

Car sales, non-fuel export and power generation have also registered positive growth in September for the first time since the lockdown was imposed. Manufacturing sector is leading this recovery, while services sector activity is still affected by the social distancing norm and

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