#1IndusInd Bank Investor Presentation Q4-2019-20 April 27, 2020#2Q4 - FY20 Performance Highlights ➤ Stable operational metrics in Q4 FY20 Revenue growth of 32%; NII up by 45%; Fee up by 14% PPOP at Rs.2,858 crs, grew by 38% YoY; PPOP / Assets of 3.84% amongst the industry highest Consol PAT at Rs. 315 crs NIM up by 10 bps to 4.25% QoQ (3.59% LY) Credit growth up 11% and Deposit growth up 4%; LCR retail deposit growth up 34% Strengthened Balance Sheet by improving PCR to 63% with floating provisions of Rs. 260 crs Loan book quality stable; GNPA at 2.45% and NNPA at 0.91% Efficiency ratio at 42.90% from 43.31% QoQ; (45.46% LY) Capital Adequacy stands at 15.04% Client base stable at 25 million EPS grows to Rs. 64.33 from Rs. 54.90(LY) 2 Indusind Bank#3Q4 - FY20 marks the end of our 3-year Planning Cycle 4 (PC4) themed "Market Share with Profitability" to "Digitize to Differentiate, Diversify and Create Domain Leadership". 3 Indusind Bank#4Planning Cycle 4 (2017-2020) - Delivered Scale Revenue (Rs. Crs) CAGR of 23% 19,011 Σ Networth (Rs. Crs) CAGR of 19% 10,234 2017 Deposits (Rs. Crs) Σ CAGR of 17% 1,26,572 20,272 2020 2017 2,02,027 2017 2020 4 Advances (Rs. Crs) CAGR of 22% 1,13,081 2017 34,428 2020 2,06,783 2020 IndusInd Bank#5Planning Cycle 4 (2017-2020) - Delivered Profitability 3.99 NIM (%) 4.25 Cost/Income (%) 46.74 43.04 2017 2020 2017 2020 5 Indusind Bank#6Planning Cycle 4 (2017-2020) 1,200 Branches 1,911 2017 2020 2,868 2017 Profit (Rs. Crs) 4,458 6 2020 9.50 Clients (mn) 25.00 2017 2020 IndusInd Bank#7Planning Cycle 4 (2017-2020) - Plan vs Outcome Resulting in FY20 Outcome/CAGR Consolidated Loan Growth 25% - 30% 22% CASA Ratio 40% 40% Revenue Growth Exceed Balance 23% Sheet Growth RORWA Branch Network Customer Base * includes 150 banking outlets 7 > 2.4% 2,000 1.77% 1,911* Double to >20mn 25 million IndusInd Bank#8How We Measure Up On Key Metrics Net Interest Margin (NIM) ROA 4.25% 4.05% 4.10% 4.15% 2.05% 1.98% 1.82% 3.59% 0.56% 0.42% 5.46% ROE 18.45% 17.26% 15.62% 3.69% Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Cost / Income Net NPA Revenue / Employee (Rs Lakhs) 45.46% 43.42% 43.31% 42.90% 42.52% 1.21% 1.23% 63 63 65 95 65 1.12% 1.05% 55 0.91% Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Consistent delivery of strong operating performance 8 IndusInd Bank#9Ratings Domestic Rating: CRISIL AA + for Infra Bonds program CRISIL AA for Additional Tier I Bonds program CRISIL A1+ for certificate of deposit program / short term FD programme 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 as Issuer, Bank Deposits and Senior Unsecured MTN ratings by Moody's Investors Service P3 as Short Term Issuer Rating by Moody's Investors Service 9 IndusInd Bank#10Consolidated Financial Performance 10 Indusind Bank#11Steady Headline Numbers for Q4-FY20 Net Interest Income Rs. 3,232 crs Y-o-Y Growth Q-0-Q Growth 45% 5% Rs. 1,773 crs 14% (1%) Total Fee Income Revenue Rs. 5,004 crs 32% 3% Operating Profit Rs. 2,858 crs 38% 4% Net Profit Rs. 315 crs 11 (12%) (76%) IndusInd Bank#12Top line momentum Y-o-Y Growth Q-0-Q Growth Advances Rs. 2,06,783 crs 11% Deposits Rs. 2,02,027 crs 4% (7%) CASA Rs. 81,557 crs (3%) (11%) SA Rs. 53,130 crs (2%) (18%) Borrowings Rs. 60,754 crs 28% 30% 12 IndusInd Bank#13Balance Sheet Q4FY20 Q4FY19 (Rs Crs) Y-0-Y (%) Q3FY20 Q-0-Q (%) Capital & Liabilities Capital 694 603 15% 693 Reserves and Surplus 33,381 26,083 28% 32,789 2% Share Warrant Subscription money 674 674 Deposits 2,02,027 1,94,868 4% 2,16,713 (7%) Borrowings 60,754 47,321 28% 46,813 30% Other Liabilities and Provisions 9,700 8,944 8% 10,261 (5%) Total 3,07,230 2,77,819 11% 3,07,943 Assets Cash and Balances with RBI 13,683 9,961 37% 11,350 21% Balances with Banks 2,372 Investments 59,938 Advances 2,06,783 Fixed Assets 1,871 Other Assets 22,582 Total 3,07,230 Business (Advances + Deposit) 4,08,810 4,822 (51%) 59,266 1% 1,86,394 11% 1,710 9% 15,666 44% 2,77,819 11% 3,81,261 7% 9,438 (75%) 60,517 (1%) 2,07,413 1,832 2% 17,393 30% 3,07,943 4,24,127 4% 13 IndusInd Bank#14Profit and Loss Account - Q4FY20 (Rs Crs) Q4FY20 Q4FY19 Y-0-Y (%) Q3FY20 Q-0-Q (%) Net Interest Income 3,232 2.232 45% 3,074 5% Other Income 1,773 1,559 14% 1,790 (1%) Total Income 5,005 3,791 32% 4,864 3% Operating Expenses 2,148 1,724 25% 2,106 2% Operating Profit 2,857 2,068 38% 2,758 4% Provisions & Contingencies 2,440 1,561 56% 1,044 134% Profit before Tax 416 507 (18%) 1,714 (76%) Provision for Tax 101 147 (31%) 405 (75%) Profit after Tax 315 360 (12%) 1,309 (76%) 14 IndusInd Bank#15Profit and Loss Account - FY20 (Rs. 'crores) FY20 FY19 YoY (%) Net Interest Income 12,059 8,846 36% Other Income 6,953 5,647 23% Total Income 19,011 14,493 31% Operating Expenses 8,183 6,405 28% Operating Profit 10,829 8,088 34% Provisions & Contingencies 4,652 3,108 50% Profit before Tax 6,177 4,981 24% Provision for Tax 1,719 1,679 2% Profit after Tax 4,458 3,301 35% 15 IndusInd Bank#16Key Financial Indicators FY19 Q4FY19 Q3 FY20 Q4FY20 FY20 Return on Assets 1.39% 0.56% 1.82% 0.42% 1.56% PPOP/Average Assets 3.41% 3.20% 3.83% 3.84% 3.79% Return on Equity 13.25% 5.46% 15.62% 3.69% 14.67% Cost Income Ratio 44.19% 45.46% 43.31% 42.90% 43.04% Net Interest Margin 3.80% 3.59% 4.15% 4.25% 4.14% Net NPA 1.21% 1.21% 1.05% 0.91% 0.91% EPS (annualized, Rs. per share) 54.90 24.37 75.56 18.19 64.33 Capital + Reserves (Excl. 26,360 26,367 33,832 34,428 34,428 Revaluation Reserve) (Rs. in crs) 16 16 IndusInd Bank#17Well Diversified Loan Book Loan Book (Rs crs) 186,394 144,954 206,783 207,413 206,783 44% 46% 44% 61% 60% Consumer Finance (Rs crs) Mar-20 56% 54% 56% 39% 40% FY18 FY19 FY20 Dec-19 Mar-20 FY18 and FY19 are not Consumer Finance Division Corporate & Commercial Banking comparable due to Vehicle Loans Comm. Vehicle Loans Utility Vehicle Loans Small CV 57,054 28% 23,948 12% 4,377 2% 3,524 2% reclassification of BBG & MFI (Rs crs) Small Corporates 2% Two Wheeler Loans 5,204 3% Car Loans 7,247 4% Corporate Mar-20 Tractor 4,670 2% Banking Large 47,742 23% Corporates Mid Size Corporates 19% Vehicle Finance 28% Equipment Financing 8,083 4% Mid size 39,559 19% Corporates Small 4,033 2% Corporates Non-Vehicle Loans Business Banking Loan Against Property Credit Card 34,163 17% 11,643 9.448 6% 5% Total Advances 91,334 44% Large Corporates 23% Non Vehicle Retail 16% Microfinance 12% BL, PL, AHL Others Microfinance* Total Advances *includes BFIL 4,762 2% 8,311 4% 24,232 12% 1,15,449 56% 13 IndusInd Bank#18Diversified Corporate Loan Book Sector SMA2 % (Rs. crs) ■Lease Rental 4.27% 5 ■Gems and Jewellery 3.59% 7 ■Real Estate 3.36% - 3.11% ■Steel ■NBFCs (other than HFCs) 2.77% Power Generation 1.20% SMA 1 Outstanding: 0.53% of loans SMA 2 Outstanding: 0.16% of loans ■Telecom- Cellular 1.11% Accounts in SMA1 & Housing Finance Companies 1.07% SMA2: 57 Services 1.07% 1.07% Food Beverages and Food processing 21.55% 241 Other Industry Corporate Banking 44.17% 253 Consumer Banking 55.83% 85 Total 100.00% 338 18 IndusInd Bank#19Well Rated Corporate Portfolio PERCENT OF RATED PORTFOLIO 24% 22% 20% 18% 16% 14% 12% 10% 8% 6% 4% 2% 0% IB1 (AAA) IB2+ (AA+) IB2 (AA) IB2- (AA-) IB3+ (A+) IB3 (A) IB3- (A-) IB4+ (BBB+) IB4 (BBB) IB4- (BBB-) 19 IB 5+ (BB+) Unsecured Non Fund Based % Secured Non Fund Based % Unsecured Fund Based % Secured Fund Based % IB5 (BB) IB5- (BB-) IB6 (B) IB7 (C) IB8 (C) NPA (D) IndusInd Bank#20Behavioural Scoring affirms quality of Vehicle Financing Portfolio Vehicle Finance Portfolio-wise Risk Distribution - Mar'20 50.0% -MHCV CAR-UTILITY CONSTRN -LCV -SCV TW 40.0% WARS: 1.88 Behavioural Score (B- score) measures post [ disbursement credit I 60.0% quality using long range historical data. B-score assesses every borrower risk using | Current and Historical I DPD, LTV, Geography, I Loan tenor, Customer type, etc. B-score is used for credit portfolio quality | assessment, improving I collection efficiency, cross-sell and is a lead indicator of credit cost. Risk Ladder * WARS Scale Population % 30.0% 20.0% 10.0% 0.0% INSIGNIFICANT 1 LOW 2 MODERATE 3 On a scale of 1 (least risk) to 6 (high risk) ACCEPTABLE 4 HIGH 5 DEFAULT 6 Q-o-Q Movement in Weighted Average Risk Score (WARS): Quarter Mar'18 Jun'18 Sep'18 Dec'18 Mar'19 Jun'19 Sep'19 Dec'19 Mar'20 1.73 1.77 1.80 1.82 1.75 1.82 1.86 1.86 1.88 WARS 20 20 IndusInd Bank#21Improving CASA profile Building CASA traction Expanding branch network Focus on target market segments Government business ➤ Capital market flows ➤ Key Non Resident markets ➤ Launched branded Wealth offering "Pioneer" ➤ Self employed and Emerging Corporate businesses ➤ Transaction Banking and CMS Mandates Differentiated service propositions Digital distribution Current Account (CA) 15.1% 15.1% 14.1% 14.4% 13.5% 12.4% CASA Uptick 43.6% 43.1% 43.1% 41.5% 42.4% 40.4% 86,539 85,838 91,865 76,549 84,070 81,570 Q3FY19 Q4FY19 Q1FY20 CASA (Rs crs) Q2FY20 Q3FY20 Q4FY20 % of Total Deposits Savings Account (SA) 28.7% 28.0% 30.0% 26.3% 28.5% 28.0% 64,895 58,117 57,652 54,486 29,584 53,130 28,887 27,721 28,440 26,526 26,970 50,023 Q3FY19 Q4FY19 Q1FY20 Q2FY20 CA (Rs crs) Q3FY20 Q4FY20 % of Total Deposits 21 Q3FY19 Q4FY19 Q1FY20 SA (Rs crs) Q2FY20 Q3FY20 Q4FY20 % of Total Deposits IndusInd Bank#22Other Income Core Fee Securities/MM/FX Trading/Others Total (Rs Crs) Q4FY20 Q4FY19 Y-0-Y (%) Q3FY20 Q-0-Q (%) 1,390 1,419 2% 1,506 8% 383 140 174% 284 35% 1,773 1,559 14% 1,790 1% 22 22 Indusind Bank#23Diverse Revenues from Core Fee Income (Rs Crs) Q4FY20 Q4FY19 Y-o-Y(%) Q3FY20 Q-o-Q(%) FY20 FY19 Y-0-Y(%) Trade and Remittances 189 189 185 2% 720 636 13% Foreign Exchange Income 248 289 14% 241 3% 1,016 1,015 Distribution Fees 367 302 22% 347 6% 1,338 1,128 19% (Insurance, MF, Cards) General Banking Fees 80 84 5% 85 6% 345 344 Loan Fees 356 273 30% 388 8% 1,442 1,025 41% Investment Banking 143 228 37% 209 32% 788 850 7% PSLC 7 55 88% 51 87% 136 70 94% Total Core Fee Income 1,390 1,419 2% 1,506 8% 5,785 5,068 14% 23 23 IndusInd Bank#24Diversified and Granular Fee Streams - Q4-FY20 Corporate Banking (27%) Consumer Banking (52%) Trade and Remittances, 2% Investment Banking - Project Finance Advisory, Trade and Remittances, 9% Foreign Exchange 8% 1% Investment Banking - Loan Syndication, 5% Foreign Exchange, 6% Investment Banking - Structured Finance2% Loan Processing - Small Corp, 1% Loan Processing - Medium Corp, 2% Loan Processing - Large Corp, 1% Securities/MM/FX Trading/Others, 21% PSLC, 0% 24 Loan Processing 16% Distribution 21% Trading and Other Income (21%) General Banking, 5% IndusInd Bank#25Yield / Cost Movement 9.77% 11.89% 6.05% 5.52% Q4FY20 Corporate Bank Consumer Finance Total 11.97% 9.88% 6.49% 5.73% Q3FY20 Yield on Assets Yield on Advances Cost of Deposits Cost of Funds •Yield on Assets/Cost of funds are based on Total Assets/Liabilities Outstanding (Rs crs) Segment-wise Yield Q4FY20 Yield (%) Q3FY20 Outstanding (Rs crs) Yield (%) 91,334 8.81% 95,253 8.87% 1,15,449 14.59% 1,12,160 14.67% 2,06,783 11.89% 2,07,413 11.97% 25 IndusInd Bank#26Credit Cost FY16 FY17 FY18 FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 FY20 (Rs Crs) Corporate Bank 258 401 468 2,134 67 101 283 1,442 1,893 Consumer Finance 244 303 433 585 237 262 293 344 1,136 Gross Credit Costs 502 704 901 2,719 304 363 576 1,786 3,029 Gross Credit Costs 57 62 62 146 16 18 28 86 146 (Basis Points on Advances) Net Credit Cost 468 672 856 2,689 293 348 575 1,757 2,973 Net Credit Costs (Basis Points on 53 59 59 144 15 18 28 85 144 Advances) PCR 59% 58% 56% 43% 43% 50% 53% 63% 63% 19% 38% 49% 43% 48% 55% 51% 78% 78% 81% 62% 51% 57% 52% 49% 45% 22% 28% FY16 FY17 FY18 FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 FY20 Corporate Loan Book Consumer Finance Loan Book 26 IndusInd Bank#27Loan Portfolio - Movement in NPA and Restructured Advances Opening Balance Additions Deductions Gross NPA Net NPA % of Gross NPA % of Net NPA Provision Coverage Ratio (PCR) Restructured Advances Restructured + Gross NPA to Advances *After sale to ARC Rs.137 crs (Rs.200 crs) (Rs Crs) Q4FY20 Q3FY20 Corporate Consumer Total Corporate Consumer Total 3,050 1,528 4,578 2,932 1,438 4,370 1,249(1) 808 2,058 1,237 708 1,945 884(2) 606 1,490 1,119 618 1,737 3,416 1,731 5,147* 3,050 1,528 4,578* 1,887 2,173 2.45% 2.18% 0.91% 1.05% 63% 53% 0.04% 0.06% 2.49% 2.24% : Note 1 Slippages from 3 Stressed Groups, a power/paper group, a tea group, a medical equipments group and a broking company amount to Rs. 1,184 crs Note 2: Deductions include Upgrades of Rs. 36 crs, Recovery of Rs. 5 crs and Write-offs of Rs. 843crs (including Rs. 470 crs for the large infrastructure NBFC group, which was classified as NPA in Q4FY19) 27 IndusInd Bank#28NPA Composition - Consumer Finance (Rs Crs) Q4-FY20 Com. Vehicle Utility Const. Equip. CV Small TW Cars Tractor BBG/LAP HL/PL/O thers Cards MFI Total Gross NPA 466 45 85 63 167 52 58 Gross NPA % 1.94% 1.03% 1.05% 1.78% 3.14% 0.71% 257 1.23% 1.21% 0.93% 1.93% 78 92 368 1,731 1.51% 1.49% Q3-FY20 Com. Vehicle Utility Const. Small Equip. CV TW Cars Tractor BBG/LAP HL/PL/O thers Cards MFI Total Gross NPA Gross NPA % 415 1.65% 47 82 60 155 52 69 217 87 118 226 1,528 1.08% 1.00% 1.66% 2.88% 0.70% 1.56% 1.03% 1.12% 2.57% 1.08% 1.35% 28 88 IndusInd Bank#29CRAR Credit Risk, CVA and UFCE Market Risk Operational Risk Total Risk Weighted Assets 31 Mar 20 31 Dec 19 (Rs Crs) 31 Dec 19 Incl. 9M FY 20 Basel - III Basel - III PAT 222,175 2,14,105 2,14,105 8,077 8,761 8,761 28,353 22,986 258,605 2,45,852 22,986 2,45,852 Core Equity Tier 1 Capital Funds 34,196 29,673 33,389 Additional Tier 1 Capital Funds 3,490 3,490 3,490 Tier 2 Capital Funds 1,210 1,048 1,048 Total Capital Funds 38,896 34,211 37,927 CRAR CET1 Tier 1 Tier 2 15.04% 13.92% 15.43% 13.22% 12.07% 13.58% 14.57% 13.49% 15.00% 0.47% 0.43% 0.43% 29 29 Indusind Bank#30Distribution Expansion to Drive Growth Gujarat 143 J&K 5 Strengthening Distribution Infrastructure Jun. 30, Sep. 30, Dec. 31, Mar. 31, Particulars HP 12 2019 2019 2019 2020 Punjab 131 Chandigar 13 Haryana 119 NCT of Delhi 63 IBL Branches/Banking Outlets 1,701 1,753 1,851 1,911* Uttarakhand 20 BFIL Branches 1,938 2,028 2,163 2,071 Arunachal Pradesh Sikkim 3 Assam 34 Rajasthan 115 Vehicle Finance UP 125 855 842 859 853 Binar 43 Meghalaya 4 Nagaland 3 Marketing Outlets Manipur Total 4,494 4,623 4,873 4,835 Branches/Outlets MP 93 Jharkhand 28 Tripura 6 WB 79 Mizoram 2 ATMs 2,605 2,662 2,721 2,760 Chhattisgarh 45 D&NH2 Daman & Diu Goa 11 Maharashtra 205 Karnataka 120 Telangana 77 Andhra Pradesh 57 Pondicherry Kerala 65 Tamil Nadu 105 Odisha 116 Note: Numbers given above are total branches in each state *includes 208 specialized branches and 150 Banking outlets 30 50 • Branch/Representative Office •Strategic Alliance London Dubai Doha Abu Dhabi IndusInd Bank#31Shareholding Pattern Private Corporates 3.90% NRIs/Director/ Others 4.01% *includes FPIS March 31, 2020 (Basis Paid Up Capital) MFs/Banks/Insurance Promoters# 13.03% Co 14.08% Individuals 7.16% GDR issue 9.15% Fils* 48.67% # 14.67% with diluted capital including warrants/ESOP 31 Indusind Bank#32Portfolio Level Disclosures 32 42#33Microfinance 33 33#34BFIL IS IN BEST POSITION TO REGULARIZE OPERATIONS QUICKLY Rural Weekly Collections ■ 80% of portfolio is Rural. Majority impact of COVID felt in Metros/Urban areas Low migration impact in Rural Weekly model assists quick regularization (as witnessed during demonetization) ■ ~50% of customers are exclusively with BFIL. Past disruptions have shown early collection recovery to 96% - 98% levels on portfolio Quality of our loan book Our loan book growth (CAGR 34% for FY18-20) has been primarily led by customer acquisition (Ticket size CAGR for FY18-20 was only 11%) Demand Supply Gap Net Producers to Economy Our outstanding per borrower is 35% lesser than the largest player in the sector (as on Dec'19) ■ Initial feedback Positive, demand at customer level intact MFIs facing liquidity challenges, while BFIL in the best position to meet the customer need - Sampark (Customer outreach program) launched – Over 9 Mn calls made, 85% unique customers contacted. ■ Customers undertake economic activities, which cater to non-discretionary spending in local milieu (47% depend on Livestock, 13% Grocery stores, 9% Tailoring/Weaving, 7% Trading of vegetables and fruits etc.) Government's Push ■ More Cash in hand for our customers - Govt. and NGO schemes focusing on this segment. ■ Political situation in the country expected to be stable with no fresh assembly elections in the next 4 months, shall help in stabilization 34 34#35Microfinance Credit Bureau Data JLG* Vs. Non-JLG model (30+ DPD) Repayment Frequency^ (30+ DPD) 23.9% Non-JLG BFIL has 100% of its loans in JLG format 8.5% JLG *JLG Joint liability group lending model Urban Vs. Non-Urban (30 + DPD) 18.2% 11.3% BFIL has 100% of its loans in Weekly repayment format 5.7% Monthly Fortnightly Weekly ^ The above data excludes 6% of Industry's portfolio, which has been categorized as “others” in repayment frequency. 20.4% Urban BFIL has 80% of loans in Rural 10.4% Non-Urban # MFI portfolio in Top 50 Cities (by Population) of India are taken as Urban portfolio Credit Bureau Data on (30+ DPD) of MFI Industry highlights the strength of JLG Lending, weekly collection and Rural Geographies. Source-Industry report by Equifax on Microfinance database as on April'17. This also includes data reported by Banks under Microfinance database. 35#36Vehicle Finance 36#370 2 4 6 14 12 12 10 8 Mar-19 Apr-19 May-19 Jun-19 CV Portfolio – As per a Leading Bureau 60+ Delinquency Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 IBL Industry Dec-19 Jan-20 4.5 3.5 2.5 1.5 0.5 1 2 3 4 5 Mar-19 Apr-19 May-19 Jun-19 Jul-19 IBL 90+ Delinquency Aug-19 Strong portfolio performance (60+ and 90+ QoQ) compared to competition and market Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 -Industry#380 1 2 3 4 5 9 7 8 6 CE Portfolio - As per a Leading Bureau 60+ Delinquency 90+ Delinquency Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 IBL Industry Nov-19 Dec-19 0.8 0.6 90 0.4 0.2 0 1.4 1.2 1 Mar-19 Apr-19 May-19 Jun-19 Jul-19 ⚫IBL Strong portfolio performance (60+ and 90+ QoQ) compared to competition and market Aug-19 Sep-19 Industry Oct-19 Nov-19 Dec-19#390 1 2 3 4 5 6 7 8 Mar-19 Apr-19 May-19 Jun-19 PV Portfolio - As per a Leading Bureau 60+ Delinquency Jul-19 Aug-19 Sep-19 IBL Industry Oct-19 Nov-19 Dec-19 Jan-20 0.8 0.6 0.4 0.2 0 1.8 1.6 1.4 1.2 1 90+ Delinquency Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 IBL Strong portfolio performance (60+ and 90+ QoQ) compared to competition and market Sep-19 Industry Oct-19 Nov-19 Dec-19 Jan-20#400 2 4 6 10 8 8 12 Tractor Portfolio - As per a Leading Bureau Mar-19 Apr-19 May-19 Jun-19 Jul-19 60+ Delinquency Aug-19 Sep-19 IBL Industry Oct-19 Nov-19 Dec-19 Jan-20 0.5 0 1.5 1 2.5 2 3.5 3 4.5 4 Mar-19 Apr-19 May-19 Jun-19 Jul-19 ⚫IBL 90+ Delinquency Aug-19 Strong portfolio performance (60+ and 90+ QoQ) compared to competition and market Sep-19 Industry Oct-19 Nov-19 Dec-19 Jan-20#41Other Retail Products 41#42Retail Products 30DPD vs. Industry 100% LAP 39% Industry 100% 59% IBL 100% 47% Personal Loans Credit Cards Strong portfolio performance compared to market#43Accolades 43 Indusind Bank#44Accolades FON WIT IndusInd Bank is awarded with the Spirit of Innovation awards for the launch of its IndusCorp, Duo Card, Nexxt Credit Card and Data Warehouse & Power BI Implementation Projects at the 8th Edition of the Finnoviti Conference & Awards 2020 ssas IndusInd Bank is awarded with the Best Technology Bank, Best use of IT and Data Analytics for Business Outcome and Best Payment Initiative amongst Private Sector Banks at the 15th edition of the Annual Banking Technology Conference, Expo and Awards organized by IBA 44 Indusind Bank#45Accolades IndusInd Bank has witnessed the growth in brand value amongst top global banks, according to The Banker's Top 500 Banking Brands 2020 report dun&bradstreet BFSI SUNT & AWARDS 2020 Best Use t-Castaner Experience Indusind Bank Limited IndusInd Bank has been awarded with the BankTech Awards 2020 for its efforts in using technology suite of solutions to provide a services enabling a superior customer experience Top 500 Banking Brands 2020 CLIMBERS BY BRAND VALUE Brand Domicile Change In Brand Value 2020 highest 1 Indusind Bank India 122% 2 Vietcombank Vietnam 99% 3 Chemical Bank US 88% 4 Power Finance Corporation India 86% S Yuanta Bank Taiwan 85% 6 Bank of Changsha China 81% 7 Huishang Bank China 80% $ Bank of Chengdu China 78% 9 Shawbrook Group UK 73% 10 Banca Transilvania Romania 53% 45 Indusind Bank#46Accolades IndusInd Bank has been awarded with the Best Bank Award in the mid-sized bank category at the 24th edition of the Business Today - Money Today Financial Awards. 90 46 Indusind Bank#47Thank You 47 IndusInd Bank#48Disclaimer 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. No information contained herein has been independently verified by anyone else. This presentation may not be copied, distributed, redistributed or disseminated, directly or indirectly, in any manner. This presentation does not constitute an offer or invitation, directly or indirectly, to purchase or subscribe for any securities of the Bank by any person in any jurisdiction, including India and the United States. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. Any person placing reliance on the information contained in this presentation or any other communication by the Bank does so at his or her own risk and the Bank shall not be liable for any loss or damage caused pursuant to any act or omission based on or in reliance upon the information contained herein. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or 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. 48 1883 IndusInd Bank