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HDFC Bank Limited (HDB) Q2 2024 Earnings Call Transcript

HDFC Bank Limited (NYSE:HDB) Q2 2024 Earnings Conference Call October 16, 2023 8:30 AM ET

Company Participants

Srinivasan Vaidyanathan – Chief Financial Officer

Sashi Jagdishan – Managing Director and Chief Executive Officer

Conference Call Participants

Mahrukh Adajania – Nuvama

Kunal Shah – Citigroup

Parag Thakkar – Anvil Wealth

Atul Mehra – Motilal Oswal

Suresh Ganapathy – Macquarie

Rajiv Pathak – GeeCee Holdings

Saurabh Kumar – JPMorgan

Piran Engineer – CLSA

Manish Shukla – Axis Capital

Operator

Ladies and gentlemen, good evening and welcome to HDFC Bank Limited Q2 FY ’24 Earnings Conference Call on the financial results presented by the management of HDFC Bank. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. [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.

Srinivasan Vaidyanathan

Okay. Thank you, Nirav. Good evening, and a warm welcome to all the participants.

Our MD and CEO, Mr. Sashi Jagdishan has joined us today to provide an overview of the business before we get into the quarterly results. Sashi, over to you to get started, please.

Sashi Jagdishan

Thank you, Srinu. Thank you for allowing me to steal your talk time. I’ll keep it as brief as possible. This being the first results post-merger, I thought of sharing my thoughts. It’s such a pleasure to connect with you all after a very long time.

As you know, we just consummated one of the largest mergers in recent times with seamless integration of people, process and systems, and that too without any external help. This showcases the power of our execution.

The day one merged

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