Q1 2025 Indian Bank Earnings Call Transcript

Jul 29, 2024 / 12:30PM GMT
Unidentified Company Representative

(audio in progress) we have with us Shri Shanti Lal Jain, MD and CEO; Shri Mahesh Kumar Bajaj, Executive Director; Shri Ashutosh Choudhary, Executive Director; Shri Shiv Bajrang Sinfgh, Executive Director; and Shri Brajesh Kumar Singh, Executive Director.

Please note that this call is for analysts and investors. So if you do not fall under these two categories, we would request you to kindly exit the call. I don't think that the MD to briefly summarize the key highlights from Q1 FY25 results, followed by strategic direction, particularly in terms of growth, margins, and asset quality, post which we will have the Q&A session.

Over to you, sir.

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

Thank you, Kunal. Good evening. A warm welcome to all the participants. Today, we declared our first-quarter results.

Our main highlights are the business of the bank has grown by 11%, of which deposit has grown by 10% and advances have grown by 12%. In deposits, the CASA has

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