Q1 2024 Indian Bank Earnings Call Transcript
Yes. Welcome, everyone. We have with us today Indian Bank management to discuss the first quarter FY '24 results update. First, sir I would request you to brief us on the first quarter results and the outlook on growth margins, asset quality going forward. Thereafter, we will take the Q&A session from the participants. Over to you, sir.
Yes. Good evening to all the analysts and investors in the post results concall. So, we already uploaded the presentations for the performance. I will discuss slightly about that, and then we'll open for question and answer. In between what we are doing for digitization, our colleague Bajaj-ji will brief.
So as far as business is concerned, our business has crossed by INR 11 lakh crores, of which deposit is INR 6.21 lakh around INR 4.80 lakh crore of advance. And advance, we are growing 13% and in 13% RAM sector, again, we are growing 13%. And in the RAM, the retail, we are growing 16%.
Last quarter also, you might have seen we have grown 13% in the RAM sector. And last quarter
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