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

Half Year 2024 Indusind Bank Ltd Earnings Call Transcript

Oct 18, 2023 / 12:00PM GMT
Release Date Price: $17.1 (-0.58%)
Operator

Ladies and gentlemen, good day and welcome to IndusInd Bank Limited Q2 FY '24 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

Good evening, and thank you for joining this call. Let me start with some macro commentaries and then go into bank-specific details. Indian economy saw strong activity growth during quarter 2, even as the global economic environment remained challenging with many adverse developments. Domestic drivers of private consumption and investments, both public and private, has been driving this momentum. A stable macroeconomic environment, relatively strong growth prospects, improving external sector fundamentals, along with deepening of market liquidity, are helping to attract more and stable class capital flows into India.

Going forward, outlook for growth remains

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