Q2 2023 HDFC Bank Ltd Earnings Call Transcript
Ladies and gentlemen, good evening, and welcome to HDFC Bank Limited Q2 FY '23 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.
Thank you, Rutuja. Good evening to all. Let's start with a brief overview for the context. We believe that the continued recovery in domestic demand boosted with the onset of festive season and higher government CapExprovides support to the growth. While there are risks coming from the possibility of global slowdown, higher inflationary pressure and an uneven monsoon, consumer demand and fiscal spends are likely to keep the economy stimulated. Geopolitical instability, strong U.S. dollar, et cetera, continue to occupy center stage during the quarter.
Active indicators released during July to September quarter indicate that
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