HDFC Financial institution Ltd (NYSE:HDB) Q2 2025 Earnings Convention Name October 19, 2024 8:00 AM ET
Firm Members
Srinivasan Vaidyanathan – CFO
Sashidhar Jagdishan – CEO, Managing Director & Govt Director
Convention Name Members
Mahrukh Adajania – Nuvama Wealth Administration
Kunal Shah – Citi
Gaurav Singhal – Aspex Administration
Pranav Gundlapalle – Sanford C Bernstein
Rahul Jain – Goldman Sachs
Rikin Shah – IIFL Securities
Abhijith V. – Axis Mutual Fund
M. B. Mahesh – Kotak Securities
Saurabh Kumar – JPMorgan
Abhishek Murarka – HSBC
Prakhar Sharma – Jefferies
Chintan Joshi – Autonomous
Manish Shukla – Axis Capital
Operator
Girls and gents, good day, and welcome to HDFC Financial institution Restricted Q2 FY25 Earnings Convention Name. As a reminder all participant traces might be within the listen-only mode, and there might be a chance so that you can ask questions after the presentation concludes. [Operator Instructions] Please observe that this convention is being recorded.
I now hand the convention over to Mr. Srinivasan Vaidyanathan, Chief Monetary Officer, HDFC Financial institution. Thanks, and over to you, sir.
Srinivasan Vaidyanathan
Thanks, Nirav. Welcome to all of the individuals. I admire dialing in right now. We’ll begin — we have now our CEO and Managing Director, Mr. Sashi Jagdishan with us. We’ll begin together with his opening remarks after which get again to you all. Sashi, over to you.
Sashidhar Jagdishan
Thanks, Srini, and thanks, pals. Let me first want you a belated Dashera festivities and in addition want you upfront Diwali festivities that is going to come back in subsequent week itself.
Let me begin with a few of the macro setting, which we’re witnessing. Liquidity has been step by step enhancing during the last couple of months. In order that’s a little bit of a excellent news. Nevertheless, the deposit charges proceed to be elevated and sticky. In all probability the credit score progress nonetheless outpaces deposit progress within the