Investor Presentation

Q4-2018-19

May 22, 2019

  Underlying growth drivers remained intact during the quarter BUT….

Q4 – FY19 Performance Highlights  Q4 results impacted adversely due to one-off accelerated de-recognition of interest and provisioning
of Rs. 1,273 crs in respect of exposure to Group in the infrastructure sector

 Q4 PAT stands at Rs. 360 crores; Excluding one off impact referred above, Q4 PAT is up 25% Y-o-Y at
Rs. 1,189 crs

 Core fee up by 27% YoY; 12% QoQ

 Credit growth (29%) and Deposit growth (29%) well above industry growth

 Efficiency ratio at 45.46%; excluding one large NPA impact , this stands at 43.70%

 GNPA stands at 2.10% (previous quarter 1.13%); excluding one large NPA, this works out to 1.03%

 Credit Cost for Q4 at 108 bps; excluding one large NPA impact, credit cost stands at 19 bps

 Client base touches 15 million; on boarded 1 million during the quarter

2
Planning Cycle 4 (2017-2020) - Plan vs Outcome

FY19
Outcome

Loan Growth 25% - 30% 29%

CASA Ratio 40% 43%

Revenue Exceed Balance

Resulting in

18%/
Growth Sheet Growth 20%*
0.69%/
RoRWA > 2.4%
2.28%*
Branch
2,000 1,665**
Network

Customer Base Double to >20mn On track

*Excluding derecognition of interest/Provision for a group in infrastructure sector

** includes 65 banking outlets
3
Ratings

Domestic Rating:
 CRISIL AA + for Infra Bonds program
 CRISIL AA for Additional Tier I Bonds program
 CRISIL A1+ for certificate of deposit program
 IND AA+ for Senior bonds program by India Ratings and Research
 IND AA for Additional Tier I Bonds program by India Ratings and Research
 IND A1+ for Short Term Debt Instruments by India Ratings and Research

International Rating:
 Baa3 for Issuer, Bank Deposits and Senior Unsecured MTN ratings by Moody’s Investors Service
 P3 as Short Term Issuer Rating by Moody’s Investors Service

4
Financial Performance

5
Steady Headline Numbers for Q4-FY19

* excludes impact of a large group NPA in infra sector

Y-o-Y Growth Q-o-Q Growth

Net Interest Rs. 2,232 crs 11% (2%)

Income * Rs. 2,385 crs * 19% * 4%

Rs. 1,559 crs 29% 6%

Total Fee Income
* Rs. 1,559 crs * 29% * 6%

Rs. 3,791 crs 18% 1%

Revenue
* Rs 3,944 crs * 23% * 5%

Rs. 2,068 crs 17% (2%)

Operating Profit
* Rs 2,221 crs * 26% * 5%

Rs. 360 crs (62%) (63%)

Net Profit
* Rs 1,189 crs * 25% * 3%

6
Steady Headline Numbers for FY 2018-19

* excludes impact of a large group NPA in infra sector

Y-o-Y Growth

Net Interest Rs. 8,846 crs 18%

Income * Rs. 8,999 crs * 20%

Rs. 5,647 crs 19%

Total Fee Income
* Rs. 5,647 crs * 19%

Rs. 14,493 crs 18%

Revenue
* Rs. 14,646 crs * 20%

Rs. 8,088 crs 22%

Operating Profit
* Rs 8,241 crs * 24%

Rs. 3,301 crs (8%)

Net Profit
* Rs. 4,475 crs * 24%

7
Top line momentum

Y-o-Y Growth Q-o-Q Growth

Advances Rs. 1,86,394 crs 29% 8%

Corporate
Rs. 1,00,162 crs 20% 3%
Advances excl MFI
Microfinance
Rs. 13,548 crs 227% 80%
Advances
Consumer Finance
Rs. 72,684 crs 27% 7%
Advances

Deposits Rs. 1,94,868 crs 29% 11%

CASA Rs. 84,070 crs 26% 10%

SA Rs. 54,486 crs 19% 9%

Borrowings Rs. 47,321 crs 24% 6%

8
Balance Sheet
(Rs Crs)

* Q4FY19 Q4FY18 Y-o-Y (%) Q3FY19 Q-o-Q (%)

Capital & Liabilities
Capital 603 600 0%  602 0% 
Reserves and Surplus 26,083 23,242 12%  25,798 1% 
Deposits 1,94,868 1,51,639 29%  1,75,701 11% 
Borrowings 47,321 38,289 24%  44,536 6% 
Other Liabilities and Provisions 8,944 7,856 14%  9,562 (6%) 
Total 2,77,819 2,21,626 25%  2,56,199 8% 
Assets
Cash and Balances with RBI 9,961 10,962 (9%)  9,580 4% 
Balances with Banks 4,822 2,253 114%  3,170 52% 
Investments 59,266 50,077 18%  53,681 10% 
Advances 1,86,394 1,44,954 29%  1,73,169 8% 
Fixed Assets 1,710 1,339 28%  1,699 1% 
Other Assets 15,666 12,041 30%  14,900 5% 
Total 2,77,819 2,21,626 25%  2,56,199 8% 
Business (Advances + Deposit) 3,81,261 2,96,593 29%  3,48,870 9% 

9
Profit and Loss Account – Q4FY19
(Rs Crs)

Q4FY19 Q4FY18 Y-o-Y (%) Q3FY19 Q-o-Q (%)

Net Interest Income 2,232 2,008 11%  2,288 (2%) 

Other Income 1,559 1,208 29%  1,469 6% 

Total Income 3,791 3,216 18%  3,757 1% 

Operating Expenses 1,724 1,447 19%  1,640 5% 

Operating Profit 2,068 1,769 17%  2,117 (2%) 

Provisions & Contingencies 1561 335 366%  607 157% 

Profit before Tax 507 1,434 (65%)  1,510 (66%) 

Provision for Tax 147 481 (69%)  525 (72%) 

Profit after Tax 360 953 (62%)  985 (63%) 

Net Profit (excl impact of
1,189 953 25%  1,151 3% 
a group in infra sector)

10
Profit and Loss Account – Q4FY19 – Excluding Impact of a Group in Infrastructure Sector

Q4FY19 Q4FY18 Y-o-Y (%) Q3FY19 Q-o-Q (%)

Net Interest Income (Rs Crs) 2,385 2,008 19%  2,288 4% 

Total Income(Rs Crs) 3,944 3,216 23%  3,757 5% 
Operating Profit(Rs Crs) 2,221 1,769 26%  2,117 5% 
Profit after Tax((Rs Crs) 1,189 953 25%  1,151 3% 

Net Interest Margin(%) 3.84% 3.83%

Return on Assets(%) 1.84% 1.90%
Return on Equity(%) 17.75% 18.04%
Cost to Income Ratio(%) 43.70% 43.65%
GNPA(%) 1.03% 1.13%
NNPA(%) 0.48% 0.59%
PCR(%) 54.0% 47.7%
Credit Cost (bps) 0.19% 0.18%

11
Profit and Loss Account – FY 19
(Rs Crs)

FY 19 Y-o-Y (%)
(Excl impact (Excl impact of
FY 19 FY18 Y-o-Y (%)
of a group in a group in
infra sector) infra sector)

Net Interest Income 8,846 8,999 7,498 18%  20% 

Other Income 5,647 5,647 4,750 19%  19% 
Total Income 14,493 14,646 12,248 18%  20% 
Operating Expenses 6,405 6,405 5,592 15%  15% 
Operating Profit 8,088 8,241 6,656 22%  24% 
Provisions & Contingencies 3,108 1,457 1,175 164%  24% 
Profit before Tax 4,981 6,785 5,481 (9%)  24% 

Provision for Tax 1,679 2,309 1,875 (10%)  23% 

Profit after Tax 3,301 4,475 3,606 (8%)  24% 

12
Key Financial Indicators

Q3FY19 Q4FY19 FY19

(Excl impact (Excl impact (Excl impact of a
FY18 Q4FY18 Q3FY19 Q4FY19 FY19
of a group in of a group in group in infra
infra sector) infra sector) sector)

Return on Assets 1.90% 1.86% 1.62% 1.90% 0.56% 1.84% 1.39% 1.89%

ROE (On average equity) 16.48% 16.56% 15.44% 18.04% 5.46% 17.75% 13.25% 17.54%

Cost / Income Ratio 45.65% 44.98% 43.65% 43.65% 45.46% 43.70% 44.19% 43.73%

Net Interest Margin 3.99% 3.97% 3.83% 3.83% 3.59% 3.84% 3.80% 3.86%

Net NPA 0.51% 0.51% 0.59% 0.59% 1.21% 0.48% 1.21% 0.48%

EPS (annualized, Rs. per

60.19 63.54 65.48 76.51 24.37 78.93 54.90 74.42
share)
Capital + Reserves (Excl.
Revaluation Reserve) (Rs. in 23,479 23,479 26,042 26,387 26,367 27,534 26,360 27,534
crs)

13
Well Diversified Loan Book
Loan Book (Rs crs)

1,86,394 1,86,394
1,73,169
1,44,954

1,13,081 61% 55%

61%
88,419
60%
68,788
60%
59%
59% 45%
40% 39% 39%
41% 40%
41%

FY15 FY16 FY17 FY18 Dec-18 Mar-19 Mar-19

(BBG forming part
Consumer Finance Division Corporate & Commercial Banking of Consumer)
(Rs crs) (Rs crs)
Small BBG
Corporate 6% Consumer Finance Mar-19
Mar-19 Corporates Utility
Banking 9% Vehicle Comm. Vehicle Loans 24.444 13%
Large Loans
52,166 28% Comm. Utility Vehicle Loans 3,597 2%
Corporates 2%Small CV
Mid Size Vehicle
Mid size Loans 2% Small CV 3,135 2%
33,369 18% Corporates
Corporates 18% 13% Two Wheeler Loans 4,482 2%
Two
Small Wheeler
28,175 15% Car Loans 6,537 4%
Corporates* Loans
Car Loans
Total 2% Tractor 3,520 2%
1,13,710 61% 4%
Advances Equipment Financing 7,569 4%
Tractor
*Includes Business Banking 2% Credit Card 4,382 2%
Rs. 11,289 crs managed by Large Equipment
Loan Against Property 8,925 5%
Consumer Banking Corporates Financing
28% 4% BL, PL, GL, Others 6,095 3%
Loan Total Advances 72,684 39%
Against Credit Card
BL,PL,GL Property 2%
3% 5%
Market rumours / comments on Exposure to Potentially Stressed Groups

 Three groups, one each in Media / Diversified / Housing Finance sectors speculated as being stressed

 Bank’s funded and non-funded exposure to these groups is 1.9% of the loan book

 Consolidated security cover of 140% for the exposures held by us, of which marketable security in the form

of listed shares covers 58% of the total exposure as on date

 All above accounts are standard in the Bank’s books

 RoC filing of charges for assessing banking exposures is sometimes misinterpreted

15
Diversified Corporate Loan Book
Sector % SMA2 (Rs cr)

Microfinance 7.27% 0

Gems and Jewellery 3.94% 5

Real Estate 3.90% 0

Power Generation 3.39% 0

NBFCs (other than HFCs ) 3.27% 0

Services 2,68% 7
SMA 1 Outstanding:
Lease Rental 2.51% 0 0.32% of loans
Steel 2.48% 0
SMA 2 Outstanding:
Roads/other infra projects 1.89% 0 0.34% of loans
Constn related to infra.- EPC 1.82% 0
Accounts in SMA1 &
Food Beverages and Food processing 1.30% 9 SMA2: 45
Telecom- Cellular 1.17% 0

Housing Finance Companies 1.11% 0

Other Industry 24.27% 555

Corporate Banking 61% 576

Consumer Banking 39% 65

Total 100% 641

16
Well Rated Corporate Portfolio

24%

22%
P
E
R 20% Investment Grade Sub Investment Grade
C
E 18%
N
T 16%

O Unsecured Non Fund Based %

14%
F Secured Non Fund Based %
R 12% Unsecured Fund Based %
A
T 10% Secured Fund Based %
E
D 8%

P
O 6%
R
T 4%
F
O 2%
L
I
0%
O IB1 IB2+ IB2 IB2- IB3+ IB3 IB3- IB4+ IB4 IB4- IB5+ IB5 IB5- IB6 IB7 IB8 NPA
(AAA) (AA+) (AA) (AA-) (A+) (A) (A-) (BBB+) (BBB) (BBB-) (BB+) (BB) (BB-) (B) (C ) (C ) (D)

17
Behavioural Scoring affirms quality of Vehicle Financing Portfolio

• Behavioural Score (B-score)

measures post
disbursement credit quality
using long range historical
data.
• B-score assesses every
borrower risk using Current
and Historical DPD, LTV,
Geography, Loan tenor,
Customer type, etc.
• B-score is used for credit /
portfolio quality
assessment, improving
collection efficiency, cross-
sell and is a lead indicator of
credit cost.

Q-o-Q Movement in Weighted Average Risk Score (WARS):

Quarter Mar'17 Jun'17 Sep'17 Dec'17 Mar'18 Jun’18 Sep’18 Dec’18 Mar’19
WARS 1.82 1.89 1.89 1.84 1.73 1.77 1.80 1.82 1.75

18
18
Improving CASA profile

Building CASA traction CASA Uptick

 Expanding branch network 90,000
42.9% 44.0% 43.4% 43.6% 43.6% 43.1%
50%
80,000
44%
 Focus on target market segments 70,000
38%
60,000 84,070
 Government business 73,375 76,549
50,000 68,980 33%
62,616 66,729
 Capital market flows 40,000 27%
30,000
 Key Non Resident markets 20,000
21%

16%
 Self employed and Emerging Corporate businesses 10,000
0 10%
 Transaction Banking and CMS Mandates Q3FY18 Q4FY18 Q1FY19 Q2FY19 Q3FY19 Q4FY19
CASA (Rs crs) % of Total Deposits
 Differentiated service propositions

Current Account (CA) Savings Account (SA)

60,001 28.9% 30.3% 30.0% 30.4% 28.5% 34.5%

33,000 28.0%
30,000 19% 29.5%
50,001
27,000
15.1% 15.1% 17%
24.5%
24,000 40,001
13.9% 13.7% 15%
21,000 13.4% 13.2% 51,106 54,486 19.5%
18,000 13% 30,001 50,023
45,888 47,711
15,000 29,584 14.5%
12,000 26,526 11%
20,370 20,841 21,268 22,269 20,001
42,246 9.5%
9,000 9%
6,000 10,001
7% 4.5%
3,000
0 5% 1 -0.5%
Q3FY18 Q4FY18 Q1FY19 Q2FY19 Q3FY19 Q4FY19 Q3FY18 Q4FY18 Q1FY19 Q2FY19 Q3FY19 Q4FY19
CA (Rs crs) % of Total Deposits SA (Rs crs) % of Total Deposits

19
Other Income

(Rs Crs)

Q4FY19 Q4FY18 Y-o-Y (%) Q3FY19 Q-o-Q (%)

Core Fee 1,419 1,113 27%  1,266 12% 

Securities/MM/FX
140 95 48%  203 (31%) 
Trading/Others

Total 1,559 1,208 29%  1,469 6% 

20
Diverse Revenues from Core Fee Income
(Rs Crs)

Q4FY19 Q4FY18 Y-o-Y(%) Q3FY19 Q-o-Q(%) FY19 FY18 Y-o-Y(%)

Trade and
189 153 23%  155 22%  636 540 18% 
Remittances
Foreign Exchange
289 197 47%  275 5%  1,015 779 30% 
Income
Distribution Fees
302 273 11%  268 13%  1,128 976 16% 
(Insurance, MF, Cards)

General Banking Fees 84 65 29%  91 (8%)  344 264 30% 

Loan Fees 328 228 44%  276 19%  1,095 880 24% 

Investment Banking 228 197 16%  201 13%  850 738 15% 
Total Core Fee
1,419 1,113 27%  1,266 12%  5,068 4,177 21% 
Income

Growth momentum continues on regular fee flows

21
Diversified and Granular Fee Streams – FY19
Corporate Banking Consumer Banking Trading and Other Income
(42%) (48%) (10%)

Trade and Remittances ,Trade and Remittances , 1%

10%
Foreign Exchange, 8%

Foreign Exchange, 10%

Investment Banking - Project Distribution, 20%

Finance / Advisory, 1%

Investment Banking - Loan

Syndication, 8%

Investment Banking -
Structured Finance, 7% General Banking, 6%

Loan Processing - Small Corp, 2%

Loan Processing - Medium Corp, 3%
Loan Processing - Large Corp, 2%
Loan Processing, 13%
Securities/MM/FX
Trading/Others, 10%
22
Yield / Cost Movement

11.25% 11.52%

9.51% 9.64% Yield on Assets

Yield on Advances
6.80% 6.74%
5.92% 5.81% Cost of Deposits

Cost of Funds

Q4FY19 Q3FY19
•Yield on Assets/Cost of funds are based
Corporate on Total Assets/Liabilities
Yield 9.06%
Segment-wise Yield
(excl MFI,
BBG and one
off) Q4FY19 Q3FY19
Outstanding Yield Outstanding Yield
(Rs crs) (%) (Rs crs) (%)
Corporate Bank 1,13,763 9.29%* 1,05,136 9.82%
Consumer Finance 72,684 14.05% 68,033 14.12%
Total 1,86,447 11.25%* 1,73,169 11.52%

* Excl reversal of interest on an infra group company exposure Corporate Yield is 9.87% and Overall Yield is 11.60%

23
Credit Cost
(Rs Crs)

Q4FY19 FY19
(Excl Infra (Excl Infra
FY15 FY16 FY17 FY18 Q1FY19 Q2FY19 Q3FY19 Q4FY19 FY19
Group Group
provision) provision)
Corporate Bank 144 258 401 468 80 59 158 1,837 186 2,134 483
Consumer Finance 195 244 303 433 129 141 148 167 167 585 585
Gross Credit Costs 339 502 704 901 209 200 306 2,004 353 2,719 1,068
Gross Credit Costs 49 57 62 62 14 12 18 108 19 146 57
(Basis Points on Advances)

Net Credit Cost 323 468 672 856 205 193 299 1,992 341 2,689 1,038
Net Credit Costs
(Basis Points on 48 53 59 59 14 12 17 107 18 144 56
Advances)

PCR 63% 59% 58% 56% 56% 56% 48% 43% 54% 43% 54%

49% 43% 48% 48% 47% 55%

58% 62% 70%

51% 57% 52% 52% 53% 45%

42% 38% 30%

FY15 FY16 FY17 FY18 Q1FY19 Q2FY19 Q3FY19 Q4FY19 FY19

Corporate Loan Book Consumer Finance Loan Book
24
Loan Portfolio - Movement in NPA and Restructured Advances
(Rs Crs)

Q4FY19 Q3FY19
Corporate Consumer Total Corporate Consumer Total
Opening Balance 1,203 765 1,968 1,061 720 1,781
Additions 3,230 458 3,688 458 348 806
Deductions 1,345 364 1,709 316 303 619
3,088 859 3,947* 1,203 765 1,968*
Gross NPA
1,944**
2,248
Net NPA 1,029
896**
Net Slippage
(0.06%) 2.10%
% of Gross NPA 1.13%
Excl impact 1.03%**
of a group in
1.21%
% of Net NPA infra sector 0.59%
0.48%**
43%
Provision Coverage Ratio (PCR) 48%
54%**
Restructured Advances 0.09% 0.11%
Restructured + Gross NPA to
1.13% 1.24%
Advances
*After sale to ARC Rs. 185 crs (Rs. 134 crs)
** Excludes impact of a large group NPA in infra sector
25
NPA Composition – Consumer Finance
(Rs Crs)

Com. Const. LAP/HL/P

Q4-FY19 Utility Small CV TW Cars Tractor Cards Total
Vehicle Equip. L
Gross NPA 285 47 54 44 171 52 62 62 82 859
Gross NPA % 1.16% 1.29% 0.71% 1.38% 3.75% 0.79% 0.42% 1.76% 1.87% 1.18%

Com. Const. LAP/HL/P

Q3-FY19 Utility Small CV TW Cars Tractor Cards Total
Vehicle Equip. L
Gross NPA 245 45 52 40 158 52 57 48 68 765
Gross NPA % 1.05% 1.32% 0.76% 1.32% 3.60% 0.82% 0.41% 1.46% 1.90% 1.12%

26
CRAR
(Rs Crs)

31 Mar 19 31 Dec 18
Basel – III Basel – III
Credit Risk, CVA and UFCE 1,82,948 1,75,042
Market Risk 8,615 7,973
Operational Risk 22,986 18,840
Total Risk Weighted Assets 2,14,549 2,01,855

Core Equity Tier 1 Capital Funds 25,905 25,809

Additional Tier 1 Capital Funds 3,490 2,000
Tier 2 Capital Funds 975 831
Total Capital Funds 30,370 28,640

CRAR 14.16% 14.19%

CET1 12.07% 12.79%
Tier 1 13.70% 13.78%
Tier 2 0.45% 0.41%

27
 Distribution Expansion to Drive Growth

Strengthening Distribution Infrastructure

June 30, Sept. 30, Dec. 31, Mar. 31,

Particulars
2018 2018 2018 2019
Branches/Banking
1,410 1,466 1,558 1,665*
Outlets

ATMs 2,285 2,372 2,453 2,545

*includes 208 specialized branches and 65 Banking outlets

• Branch/Representative Office
• Strategic Alliance

Note: Numbers given above are total

branches in each state

28
Shareholding Pattern

March 31, 2019

MFs / Banks/
Insurance Co Promoters
8.70% 14.99%
Individuals
6.59%

Private Corporates
8.24%
NRIs/ Director/ Others
2.96%

GDR issue
10.73%

FIIs
47.78%

*includes FPIs

29
Initiatives for FY20

BFIL Merger Liabilities Surge Fee Growth Retail Asset Growth

• Merger consummation, subject to • Pioneer – Banking for well-off • Distribution fees for wealth • Continued market share gains in
the NCLT approval products vehicle finance
• Retailisation via Household
• Scaling up liabilities & RDSP acquisition ramp-up • Ramp up retail Trade & FX fees • LAP / BBG to accelerate
(Kirana Stores) pilot • Non-Resident Indians
• Calibrated growth on unsecured
• Match liabilities growth with
asset growth

Digital / Alternate Channels Productivity Corporate Risk Management Unit Para-banking

• Superior Client Experience • Cost efficient branch expansion • Business level Portfolio • Insurance (Life & General)
Monitoring Unit
• Intensive collaboration with • Robot based Process • Asset Management
FinTech ecosystem Automation • Diversification by ticket size,
• Retail Broking
geographies, sectors, tenure
• Scale up digital sourcing of assets • Continued investments in Talent
& liabilities • Regulatory clarity awaited
and Technology • Specialization in select domains

30
Digital Product and Channel Progress within Consumer Banking

On average, > 50% of major Retail products are Digital Digital transaction volume up from 73% to 80% YoY

Q4’ FY 18 Q4’ FY 19
ATM,
11.8% Branch,
Deposit Deposit
30% 73% 3.1%
Cheque,
5.2%
Personal Personal
Loans Loans
Digital,
33% 47% 79.9%

Credit Credit
Cards Cards
14% 22%
Digital constitutes Digital constitutes
92% of total 80% of total
Forex
transaction value transaction volume
Forex
20% 40%

31
Industry / Media Recognition / Awards

32
Industry / Media Recognition / Awards

IndusInd Bank is the ET Now

‘Dream Employer of the Year’ at
the 8th Edition of the ET Now
Dream Companies of Work for
Awards Organized by the World
HRD Congress In Mumbai

33
Industry / Media Recognition / Awards

Mr Romesh Sobti, MD and CEO

IndusInd Bank bestowed with the
‘Banker of the Year’ Award at the
Financial Express India's Best
Banks awards

34
Industry / Media Recognition / Awards

Mr Romesh Sobti, MD and CEO

IndusInd Bank Honoured with
the ‘Banker of the Year’ Award at
the Business Standard Annual
Awards

35
Accolades

IndusInd Bank has been awarded with

the Global Digital Marketing Award by
World Digital Marketing Congress as

Best Digital Payment Facilitator

IndusInd Bank has been awarded with the

Times Now India Digital Awards 2019 for

Innovative Money Transfer Product/Service

36
Accolades

IndusInd Bank has been awarded

with the IDC FIIA 2019 Financial
Insights Innovation Award as

Asia's Leading Partner Bank

37
 Accolades

IndusInd Bank awarded with the Indy’s

Award for

‘Empowerment of Women’ for the Legal Literacy

Programme and the IndusInd Girl Power
Programme

‘Support and Improvement of Education’ for the

Enhanced Education Programme and the Mid-
day Meals in the Municipal Schools of
Bhubaneshwar Programme

‘Environment Excellence’ for the Restoration of

Water Bodies in Chennai and the Wazirabad
Drain in Gurugram, Solid Waste Management
(Jagmagaata Uttarakhand) and the Urban
Afforestation Programme

38
Thank You
Disclaimer

This presentation has been prepared by IndusInd Bank Limited (the “Bank”) solely for information purposes, without regard to any specific
objectives, financial situations or informational needs of any particular person. All information contained has been prepared solely by the Bank.
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correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the
date of this presentation. Further, past performance is not necessarily indicative of future results.
This presentation is not a complete description of the Bank. This presentation may contain statements that constitute forward-looking
statements. All forward looking statements are subject to risks, uncertainties and assumptions that could cause actual results to differ
materially from those contemplated by the relevant forward-looking statement. Important factors that could cause actual results to differ
materially include, among others, future changes or developments in the Bank’s business, its competitive environment and political, economic,
legal and social conditions. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue
reliance on these forward-looking statements. The Bank disclaims any obligation to update these forward-looking statements to reflect future
events or developments.
Except as otherwise noted, all of the information contained herein is indicative and is based on management information, current plans and
estimates in the form as it has been disclosed in this presentation. Any opinion, estimate or projection herein constitutes a judgment as of the
date of this presentation and there can be no assurance that future results or events will be consistent with any such opinion, estimate or
projection. The Bank may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any
person of such change or changes. The accuracy of this presentation is not guaranteed, it may be incomplete or condensed and it may not
contain all material information concerning the Bank.
This presentation is not intended to be an offer document or a prospectus under the Companies Act, 2013 and Rules made thereafter , as
amended, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended or any
other applicable law.
Figures for the previous period / year have been regrouped wherever necessary to conform to the current period’s / year’s presentation. Total
in some columns / rows may not agree due to rounding off.
Note: All financial numbers in the presentation are from Audited Financials or Limited Reviewed financials or based on Management estimates.

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