Q2 2022 HDFC Bank Ltd Earnings Call Transcript
Ladies and gentlemen, good evening, and welcome to HDFC Bank Limited Q2 FY '22 Earnings Conference call on the financial results presented by the management of HDFC Bank. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Srinivasan Vaidyanathan, Chief Financial Officer, HDFC Bank. Thank you, and over to you, sir.
Okay. Thank you, Rutuja. Good evening, and welcome to all. Let's start with providing the context on the environment and the policies, which are at an inflection point for accelerated growth. With support from pent-up demand and easing of mobility restrictions in the country, economic activity moved above the second wave levels in early August. Encouragingly, in recent weeks as well, economic activity has remained robust. We expect economic activity to recover further, driven by festive season, pick-up in vaccination and the likely increase in government spending. Activity indicators like CMI, GST collections, et cetera, fared
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