ICICI Bank Ltd (STU:ICBA)

€ 24.8 -0.4 (-1.59%) Market Cap: 87.14 Bil Enterprise Value: 93.67 Bil PE Ratio: 18.12 PB Ratio: 3.08 GF Score: 70/100

Q2 2024 ICICI Bank Ltd Earnings Call Transcript

Oct 21, 2023 / 10:45AM GMT

Transcript

Operator

Ladies and gentlemen, we welcome you all to ICICI Bank's results conference call with Mr. Sandeep Batra, Executive Director, ICICI Bank; and Mr. Anindya Banerjee, Group Chief Financial Officer, ICICI Bank. Mr. Batra will now give you an overview of the results, which will be followed by a Q&A session. Thank you, and over to you, sir.

Sandeep Batra

ICICI Bank Limited - President & Executive Director

Thank you. Thank you all for joining us today. Good evening. And joining me on this call is our group CFO, Anindya.

The Indian economy continued to be resilient amidst uncertainties in the global environment. This has been enabled by effective and forward-looking policies and actions by the government and other authorities. The underlying growth momentum is visible with expansion in manufacturing and services PMI, real estate buoyancy, increasing steel and cement output, higher tax collections and rising demand for travel. The government-led CapEx cycle is continuing. So there has been a pause in the policy rate hike cycle in India. Global and

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