#1IndusInd Bank Investor Presentation Q1-2019-20 July 12, 2019#2Q1 - FY20 Performance Highlights Integration of Bharat Financial Inclusion Limited (BFIL) with IndusInd Bank Limited completed Q1 FY 20 marked by strong QoQ growth in headline numbers Q1 consolidated PAT growth up by 38% Core fee up by 22% YoY Credit growth up 28% and Deposit growth up 26% well above industry growth ➤ Efficiency ratio at 42.52% Loan book quality stable Credit Cost for Q1 at 16 bps, SMA2 at 17 bps Client base touches 21 million; on boarded 6 million during the quarter Post merger capital accretion, CRAR at 14.90%, including profit at 15.47%, post promoter contribution at 15.76% 2 IndusInd Bank#3Planning Cycle 4 (2017-2020) - Plan vs Outcome Resulting in Q1 FY20 Outcome Consolidated Q1 FY20 Outcome Standalone Loan Growth 25% - 30% 28% 26% CASA Ratio 40% 43% 43% Revenue Exceed Balance 32% 17% Growth Sheet Growth > 2.4% 2.57% 2.28% RORWA Branch Network Customer Base * includes 65 banking outlets 3 2,000 1701* 1701* Double to >20mn On track On track Indusind Bank#4How We Measure Up On Key Metrics Net Interest Margin (NIM) ROA RoE# 18.45% 17.25% 4.05% 3.92% 2.05% 15.44% 3.84% 3.83% 14.85% 1.91% 3.59% 1.62% 1.59% 0.56% 5.46% Q1FY19 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q1FY19 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q1FY19 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Cost / Income Net NPA Revenue / Employee (Rs Lakhs) 45.46% 44.18% 43.41% 43.65% 42.52% 0.59% 0.51% 0.48% 1.21% 1.23% 63 56 54 55 53 Q1FY19 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q1FY19 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q1FY19 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Consistent delivery of strong operating performance 4 IndusInd Bank#5Ratings 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 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 5 Indusind Bank#6Financial Performance Consolidated post merger of BFIL (effective July 04, 2019 with appointed date Jan. 01, 2018) (Business Banking and MFI classified under Consumer Segment as per Industry Practice*) * Previous year periods not comparable 6 Indusind Bank#7Steady Headline Numbers for Q1-FY20 Net Interest Income Rs. 2,844 crs Y-o-Y Growth* Q-0-Q Growth* 34% 27% Total Fee Income Rs. 1,663 crs 28% 7% Revenue Rs. 4,507 crs 32% 19% Operating Profit Rs. 2,591 crs 36% 25% Net Profit Rs. 1,433 crs 38% 298% *Excluding BFIL 7 IndusInd Bank#8Top line momentum Y-o-Y Growth Q-0-Q Growth Advances Rs. 1,93,520 crs 28% 4% Deposits Rs. 2,00,586 crs 26% 3% CASA Rs. 86,341 crs 25% 3% SA Rs. 57,652 crs 21% 6% Borrowings *Regrouped. For Details Refer Slide No 14 Rs. 49,764 crs 34% 5% 8 IndusInd Bank#9Balance Sheet 693 31,365 (Rs Crs) Q1FY20 Q1FY19 Y-0-Y (%) Q4FY19 Q-0-Q (%) Capital & Liabilities Capital Reserves and Surplus 600 15% 603 15% 24,321 29% 26,083 20% Deposits 2,00,586 1,58,862 26% 1,94,868 3% Borrowings 49,764 37,040 34% 47,321 5% Other Liabilities and Provisions 10,638 8,056 32% 8,944 19% Total 2,93,046 2,28,879 28% 2,77,819 5% Assets Cash and Balances with RBI 9,797 8,658 13% 9,961 (2%) Balances with Banks 11,645 3,332 249% 4,822 141% Investments 60,734 52,673 15% 59,266 2% Advances 1,93,520 1,50,675 28% 1,86,394 4% Fixed Assets 1,774 1,349 31% 1,710 4% Other Assets 15,576 12,192 28% 15,666 (1%) Total 2,93,046 2,28,879 28% 2,77,819 5% Business (Advances + Deposit) 3,94,106 3,09,537 27% 3,81,261 3% 9 IndusInd Bank#10Profit and Loss Account - Q1FY20 (Rs Crs) Q1FY20 Q1FY19 Y-0-Y (%) Q4FY19 Q-0-Q (%) Net Interest Income 2,844 2,122 34% 2,232 27% Other Income 1,663 1,302 28% 1,559 7% Total Income 4,507 3,424 32% 3,791 19% Operating Expenses 1,916 1,513 27% 1,724 11% Operating Profit 2,591 1,911 36% 2,068 25% Provisions & Contingencies 431 350 23% 1,561 (72%) Credit Cost 304 209 46% 2,005 (85%) Others incl. Standard Prov. 126 141 (10%) (444) Profit before Tax 2,160 1,561 38% 507 326% Provision for Tax 728 525 39% 147 395% Profit after Tax 1,433 1,036 38% 360 298% Merger of BFIL effective July 04, 2019 with appointed date Jan. 01, 2018. Previous year periods not comparable. 10 Indusind Bank#11IBL Standalone and Merged Performance Rs crores Q1FY20 IBL Q1FY19 IBL IBL Y-0-Y (%) Q1FY20 IBL + BFIL IBL Y-0-Y (%) Standalone Standalone Net Worth 27,620 24,561 12% 31,734 29% Advances 1,89,962 1,50,675 26% 1,93,520 28% Net Interest Income 2,419 2,122 14% 2,844 34% Other Income 1,602 1,302 23% 1,663 28% ▲ Total Income 4,021 3,424 17% 4,507 32% Operating Profit 2,240 1,911 17% 2,591 36% ▲ Profit after Tax 1,220 1,036 18% 1,433 38% ▲ Earning Per Share (Rs) 80.94 69.00 Book Value Per Share (Rs) 458 409 82.74 458 11 Indusind Bank#12Key Financial Indicators Q1FY20 Q1FY19 Q4FY19 Return on Assets 2.05% 1.91% 0.56% ROE (On average equity) 18.45% 17.25% 5.46% Cost Income Ratio 42.52% 44.18% 45.46% Net Interest Margin 4.05% 3.92% 3.59% Net NPA 1.23% 0.51% 1.21% EPS (annualized, Rs. per share) Capital Reserves (Excl. Revaluation Reserve) (Rs. in crs) 82.74 69.00 24.37 31,734 24,561 26,360 Merger of BFIL effective July 04, 2019 with appointed date Jan. 01, 2018. Previous year periods not comparable. 12 IndusInd Bank#13Bharat Financial Inclusion Limited - Operational Update Branches Centers (Sangam)* Employees Members (mn)* Q1FY20 Q1FY19 Y-0-Y(%) Q4FY19 Q-o-Q(%) 1,938 1,639 18% 1,854 5% 3,53,675 3,07,798 15% 3,46,870 2% 20,590 17,415 18% 19,816 4% 9.0 7.8 15% 8.8 2% Active borrowers (mn)* 7.5 6.4 17% 7.4 2% Disbursements (Rs cr) 6,135 6,260 (2%) 6,568 (7%) Gross Loan Portfolio (Rs cr) 17,497** 13,850 26% 17,417 0.5% Off-take Average excluding Cross Sell (Rs) 27,307 26,820 2% 27,116 1% Active borrowers / No. of Sangam Managers 615 645 (5%) 607 1% * Excluding AP & Telangana **Portfolio securitized and assigned with other banks is Rs. 1,811 crs 13 IndusInd Bank#14Well Diversified Loan Book Loan Book (Rs crs) 1,93,520 1,86,394 1,44,954 46% 1,13,081 61% 88,419 60% 68,788 60% 59% 59% 41% 41% 40% 54% 39% 40% FY15 FY16 FY17 FY18 ■Consumer Finance Division (Rs crs) Corporate Jun-19 Banking Large 50,212 26% Corporates Mid size 35,221 18% Corporates Small 4,231 2% Corporates Total 89,664 46% Advances Merger of BFIL effective July 04, 2019 with appointed date Jan. 01, 2018. Previous year periods not comparable. (Rs crs) Consumer Finance Jun-19 Vehicle Loans 55,046 28% FY19 Jun-19 Comm. Vehicle Loans 24,853 13% Corporate & Commercial Banking Small Corporates 2% Utility Vehicle Loans 3,846 2% Small CV 3,248 2% Two Wheeler Loans 4,661 2% Mid Size Corporates 18% Vehicle Finance 29% Car Loans 6,792 4% Tractor 3,770 2% Equipment Financing 7,876 4% Non-Vehicle Loans Credit Card 30,565 16% 3,911 2% Large Corporates 26% Non Vehicle Retail 16% Microfinance 9% 14 Loan Against Property BBG BL, PL, GL, AHL, Others Microfinance* Total Advances *includes BFIL 18,245 1,03,856 54% IndusInd Bank 8,678 4% 10,984 6,992 3% 6% 9%#15Market 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 1.67% of the loan book net of provisions held Consolidated security cover of 147% for the exposures held by us, of which marketable security in the form listed shares covers 61% of the total exposure as on date ■ All above accounts remain standard in the Bank's books 15 Indusind Bank#16Diversified Corporate Loan Book Sector ■Real Estate SMA2 % (Rs.crs) 3.85% 0 ■Gems and Jewellery 3.54% 0 Lease Rental 3.20% 5 NBFCs (other than HFCs) 3.00% 0 2.53% 0 ■Power Generation 2.45% 0 Steel SMA 1 Outstanding: 1.98% 0 0.18% of loans ■Constn related to infra.- EPC 1.97% 13 Services 1.92% 0 ■Roads/other infra projects 1.41% 0 Housing Finance Companies SMA 2 Outstanding: 0.17% of loans Accounts in SMA1 & 1.28% 0 SMA2: 48 Food Beverages and Food processing 1.28% 0 Telecom- Cellular Media, Entertainment & Advt 1.04% 0 Other Industry 16.88% 246 Corporate Banking 46.33% 265 Consumer Banking 54.67% 59 Total 100.00% 324 16 IndusInd Bank#17Well Rated Corporate Portfolio 24% PERCENT 22% 20% Investment Grade 18% 16% 0 14% F 12% RATED 10% Ꭰ 8% PORTFOLLO T 6% 4% Externally rated standard loan book portfolio in sub investment grade category is 3.1% of total loan book Sub Investment Grade Unsecured Non Fund Based % I Secured Non Fund Based % Unsecured Fund Based % Secured Fund Based % IndusInd Bank 0% IB1 IB2+ IB2 (AAA) (AA+) (AA) IB2- IB3+ (AA-) (A+) IB3 (A) IB3- IB4+ IB4 IB4- IB5+ IB5 IB5- (A-) (BBB+) (BBB) (BBB-) (BB+) (BB) (BB-) 17 IB6 IB7 IB8 NPA (B) (C) (C) (D) 2%#18Behavioural Scoring affirms quality of Vehicle Financing Portfolio Vehicle Finance Portfolio-wise Risk Distribution - Jun'19 post 60% Behavioural Score (B-score) measures 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. Population % 50% MHCV CAR-UTILITY CONSTRN LCV SCV TW 40% WARS: 1.82 30% 20% 10% 0% Risk Ladder INSIGNIFICANT 1 LOW 2 * WARS Scale MODERATE 3 * On a scale of 1 (least risk) to 6 (high risk) Q-o-Q Movement in Weighted Average Risk Score (WARS): ACCEPTABLE 4 HIGH 5 DEFAULT 6 Quarter Mar'17 WARS 1.82 Jun'17 1.89 Sep'17 Dec'17 Mar'18 Jun'18 Sep'18 Dec'18 Mar'19 Jun'19 1.89 1.84 1.73 1.77 1.80 1.82 1.75 1.82 18 18 IndusInd Bank#19Improving CASA profile Building CASA traction Expanding branch network Focus on target market segments Government business Capital market flows ➤ Key Non Resident markets ➤ Self employed and Emerging Corporate businesses ➤ Transaction Banking and CMS Mandates Differentiated service propositions Current Account (CA) CASA Uptick 44.0% 43.4% 43.6% 43.6% 43.1% 43.1% 86,539 84,070 73,375 76,549 66,729 68,980 Q4FY18 Q1FY19 Q2FY19 CASA (Rs crs) Q3FY19 Q4FY19 % of Total Deposits Q1FY20 Savings Account (SA) 30.3% 30.0% 30.4% 28.5% 28.0% 28.7% 15.1% 15.1% 14.4% 13.7% 13.4% 13.2% 54,486 57,652 26,526 29,584 28,887 51,106 50,023 47,711 20,841 21,268 22,269 45,888 Q4FY18 Q1FY19 Q2FY19 Q3FY19 Q4FY19 Q1FY20 CA (Rs crs) % of Total Deposits 19 Q4FY18 Q1FY19 Q2FY19 SA (Rs crs) Q3FY19 Q4FY19 Q1FY20 % of Total Deposits#20Other Income Core Fee Securities/MM/FX Trading/Others Total (Rs Crs) Q1FY20 Q1FY19 Y-0-Y (%) Q4FY19 Q-0-Q (%) 1,422 1,165 22% 1,419 1% 241 137 76% 140 72% 1,663 1,302 28% 1,559 7% Merger of BFIL effective July 04, 2019 with appointed date Jan. 01, 2018. Previous year periods not comparable. 20 20 IndusInd Bank#21Diverse Revenues from Core Fee Income (Rs Crs) Q1FY20 Q1FY19 Y-0-Y(%) Q4FY19 Q-0-Q(%) Trade and Remittances 164 141 16% 189 (13%) Foreign Exchange Income 250 228 10% 289 (14%) Distribution Fees (Insurance, 302 278 9% 302 MF, Cards) General Banking Fees 90 80 13% 84 8% Loan Fees 337 230 47% 328 3% Investment Banking 235 208 13% 228 3% PSLC 43 Total Core Fee Income 1,422 1,165 22% 1,419 1% Growth momentum continues on regular fee flows Merger of BFIL effective July 04, 2019 with appointed date Jan. 01, 2018. Previous year periods not comparable. 21 IndusInd Bank#22Diversified and Granular Fee Streams - Q1-FY20 (to update) Corporate Banking (39%) Consumer Banking (45%) Trading and Other Income (16%) Trade and Remittances, 2% Trade and Remittances, 8% Foreign Exchange, 4% Foreign Exchange, 10% Investment Banking - Project Finance Advisory, 1% Investment Banking - Loan Syndication, 8% Investment Banking - Structured Finance, 6% Loan Processing - Small Corp, 1% Loan Processing - Medium Corp, 1% Loan Processing - Large Corp, 5% PSLC, 3% Securities/MM/FX Trading/Others, 16% 22 Distribution, 18% General Banking, 5% Loan Processing, 13%#23Yield / Cost Movement 9.99% 12.00% 6.86% 5.94% Q1FY20 Corporate Bank Consumer Finance Total 11.25% 9.51% 6.80% 5.92% Q4FY19 Segment-wise Yield Q1FY20 Yield on Assets Yield on Advances Cost of Deposits Cost of Funds •Yield on Assets/Cost of funds are based on Total Assets/Liabilities Q4FY19 Outstanding (Rs crs) Yield (%) Outstanding (Rs crs) Yield (%) 89,664 9.06% 1,13,763 9.29% 1,03,856 14.57% 72,684 14.05% 1,93,520 12.00% 1,86,447 11.25% Merger of BFIL effective July 04, 2019 with appointed date Jan. 01, 2018. Previous year periods not comparable. 23 IndusInd Bank#24Credit Cost FY15 FY16 FY17 FY18 FY19 (Rs Crs) Q1FY20 Corporate Bank Consumer Finance Gross Credit Costs Gross Credit Costs (Basis Points on Advances) Net Credit Cost 144 258 401 468 2,134 67 195 244 303 433 585 238 339 502 704 901 2,719 304 49 57 62 62 146 16 323 468 672 856 2,689 293 Net Credit Costs 48 53 59 59 144 15 (Basis Points on Advances) PCR 63% 59% 58% 56% 43% 43% 49% 43% 48% 55% 58% 78% 57% 51% 52% 45% 42% FY15 FY16 FY17 Corporate Loan Book FY18 FY19 Consumer Finance Loan Book 22% Q1FY20 Merger of BFIL effective July 04, 2019with appointed date Jan. 01, 2018. Previous year periods not comparable. 24 IndusInd Bank#25Loan 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. 47 crs (Rs. 185 crs) (Rs Crs) Corporate Q1FY20 Consumer Q4FY19 Total Corporate Consumer Total 2,841 1,106 3,947 1,203 765 1,968 175 550 725 3,230 458 3,688 113 359 472 1,345 364 1,709 2,902 1,297 4,200* 3,088 859 3,947* 2,381 2,248 2.15% 2.10% 1.23% 1.21% 43% 0.08% 2.25% 43% 0.09% 2.21% Merger of BFIL effective July 04, 2019 with appointed date Jan. 01, 2018. Previous year periods not comparable. 25 IndusInd Bank#26NPA Composition – Consumer Finance - (Rs Crs) Q1-FY20 Com. Vehicle Utility Const. Equip. CV Small TW Cars Tractor BBG/LAP HL/PL/O thers Cards MFI Total Gross NPA Gross NPA % 324 1.30% 48 66 45 169 52 1.23% 0.84% 1.38% 3.56% 0.76% 56 1.49% 266 72 88 111 1,297 1.35% 1.02% 2.22% 0.61% 1.24% Q4-FY19 Com. Vehicle Utility Gross NPA 285 47 Const. Equip. 54 Small CV TW Cars 44 171 52 LAP/HL/P L 62 Tractor Cards Total 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% Merger of BFIL effective July 04, 2019 with appointed date Jan. 01, 2018. Previous year periods not comparable. 26 26 IndusInd Bank#27CRAR Credit Risk, CVA and UFCE Market Risk Operational Risk Total Risk Weighted Assets (Rs Crs) 30 Jun 19 Basel - III 30 Jun 19 Incl. Q1 PAT 31 Mar 19 Basel - III 1,99,418 1,99,418 1,82,948 8,690 8,690 8,615 22,986 2,31,094 22,986 2,31,094 22,986 2,14,549 Core Equity Tier 1 Capital Funds 29,955 31,261 25,905 Additional Tier 1 Capital Funds 3,490 3,490 3,490 Tier 2 Capital Funds 993 993 975 Total Capital Funds 34,438 35,744 30,370 CRAR CET1 Tier 1 Tier 2 14.90% 15.47% 14.16% 12.96% 13.53% 12.07% 14.47% 15.04% 13.70% 0.43% 0.43% 0.45% Merger of BFIL effective July 04, 2019 with appointed date Jan. 01, 2018. Previous year periods not comparable 27 Indusind Bank#28Gujarat 140 J&K Distribution Expansion to Drive Growth Strengthening Distribution Infrastructure HP 14 Particulars Sept. 30, 2018 Dec. 31, 2018 Mar. 31, 2019 Jun. 30, 2019 Punjab 159 Chandigarh 13 Untarakhand 30 IBL Branches/Banking Outlets 1,466 1,558 1,665 1,701* Haryana 157 NCT of Delhi 62 Arunachal Pradesh Sikkim 3 Assam 62 BFIL Branches 1,938 Rajasthan 228 UP 319 Binar 258 Meghalaya 4 Nagaland 3 Vehicle Finance Marketing Outlets 914 869 845 855 Manipur 3 MP 206 Jharkhand 111 Tripura 17 Total Branches/Outlets WB 256 Mizoram 2 Chhattisgarh 100 ATMs 2,380 2,427 2,510 4,494 2,372 2,453 2,545 2,605 DANH Daman & Diu Maharashtra Goa 11 375 Telangana 131 Andhra Pradesh 128 Karnataka 306 Pondicherry Kerala 146 Tamil Nadu 107 Odisha 277 *includes 208 specialized branches and 65 Banking outlets London Dubai Doha Abu Dhabi Note: Numbers given above are total branches in each state • Branch/Representative Office Strategic Alliance Merger of BFIL effective July 04, 2019 with appointed date Jan. 01, 2018. Previous year periods not comparable 28 Indusind Bank#29Shareholding Pattern NRIs/Director/ Others 2.94% *includes FPIS June 30, 2019 MFs / Banks/ Insurance Co 9.69% Promoters 14.98% Individuals 6.88% Private Corporates 8.84% GDR issue 10.72% *Fils 45.95% 29 29 Indusind Bank#30Proforma Consolidated Profit and Loss Account - FY19 IBL BFIL FY 19 (IBL+BFIL) FY 18 Y-0-Y(%) Net Interest Income Other Income Total Income 8,846 1,551 10,397 7,498 39% 5,647 544 5,931* 4,750 30% 14,493 2,095 16,328 12,248 35% Operating Expenses 6,405 878 7,023* 5,592 30% Operating Profit 8,088 1,217 9,305 6,656 40% Provisions & Contingencies 3,108 54 3,162 1,175 169% Profit before Tax 4,980 1,163 6,143 5,481 12% Provision for Tax Profit after Tax 1,679 410 2,089 1,875 11% 3,301 753 4,054 3,606 12% *Post Inter se Adjustment 30 30 IndusInd Bank#31Initiatives for FY20 BFIL Merger Liabilities Surge Fee Growth Retail Asset Growth Merger consummation Scaling up liabilities & RDSP (Kirana Stores) pilot Digital / Alternate Channels • Pioneer - Banking for well-off Retailisation via Household acquisition ramp-up • Non-Resident Indians Match liabilities growth with asset growth Productivity . . Distribution fees for wealth products Ramp up retail Trade & FX fees Continued market share gains in vehicle finance • LAP / BBG to accelerate . Calibrated growth on unsecured Para-banking · Superior Client Experience · Cost efficient branch expansion . . Intensive collaboration with . Robot based Process FinTech ecosystem • Scale up digital sourcing of assets & liabilities Automation Continued investments in Talent • and Technology 31 . Corporate Risk Management Unit Business level Portfolio Monitoring Unit Diversification by ticket size, geographies, sectors, tenure • Insurance (Life & General) • Asset Management . • Retail Broking . Specialization in select domains Regulatory clarity awaited IndusInd Bank#32Accolades 32#33Accolades PRODUCT YEAR THE Consumer Survey of Product innovation IndusInd Bank Nexxt Credit Card adjudged the 'Credit Card of the Year' at the Product of the year awards 2019, the world's largest consumer-voted award for the product innovation 33 IndusInd Bank#34Accolades Create BTVI MARKETING EXCELLENCE QUO Card IndusInd Bank wins two awards at the BTVI National Awards For Marketing Excellence BTVI MARKETING EXCELLENCE Best Performance Marketing Campaign for Nexxt Best Digital Campaign for Duo REXXT Creot Cant 34 === IndusInd Bank#35Accolades a164 Jl. مد الله -1:20 IndusInd Bank has won 4 awards at the Asset Asian Awards 2019, India for Best Payment and Collection Solution 35 35 IndusInd Bank#36Accolades IndusInd Bank Ltd. is awarded as Best In Supply Chain Finance 2019 at Tech Supply Chain Conference & Exposition by Technology Supply Chain Innovation Awards TSC2019 36 IndusInd Bank#37Accolades THE STE IndusInd Bank is adjudged winners of Stevie Awards-2019, Asia-Pacific under the category - Innovative Use Technology in Customer of Service. 2019 STEVIES 37 52 IndusInd Bank#38Thank You#39Disclaimer 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. 39 IndusInd Bank