Indian Bank (BOM:532814)
₹ 543.65 2.45 (0.45%) Market Cap: 732.28 Bil Enterprise Value: 663.61 Bil PE Ratio: 7.30 PB Ratio: 1.10 GF Score: 71/100

Q4 2024 Indian Bank Earnings Call Transcript

May 06, 2024 / 12:00PM GMT
Release Date Price: ₹533.05 (-1.93%)
Unidentified Participant_1

Welcome, everyone to Indian Bank results con call for fourth quarter FY24 hosted by Emkay Global. From Indian Bank management, we have MD and CEO, Shri. Shanti Lal Jain-ji; and Executive Directors, Shri. Mahesh Kumar Bajaj, Shri. Ashutosh Choudhary, Shri. Bajrang Singh, Shri. Brajesh Kumar Singh.

We would request the MD sir to brief us with the key highlights of the results and strategic direction, particularly in terms of growth margins and asset quality. Post that, we will take up the Q&A from the participants. Over to you, sir.

Shanti Jain
Indian Bank - Chief Executive Officer, Managing Director, Executive Director

So good evening. Warm welcome to all the analysts and investors in the post results conference call of Indian Bank. Today, we declared our Q4 and FY24 results. So I will just touch about the brief on the financial performance.

Our business has grown by 12% and of business, deposits have grown by 11% and credit has grown by 13%. In the deposit to 11% of our CASA has grown by 8%, of the saving deposit has

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