Induslnd Bank

July 27,2021

National Stock Exchange of India Ltd. (Symbol; INDUSINDBK)

BSE Ltd. (Scrip Code: 532187)

India Internationel Exchrnge (Scrip Code: f100027)

Madam / Dear Sir,

Sub: Disclosure under SEBI (Listing Obligrtions and Disclosure Requirements) Regulations, 2015 ('Listing Regulations')

In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirernents) Regulations, 2015, we enclose herewith the Investor Presentation on the Financial Results ofthe Bank for quarter ended on June 30, 2021.

In compliance with Regulation 46 of Listing Regulations, the information is being hosted on the Bank's website at www.indusind.com

We request you to kindly take the above on record.

Thanking you,

Yours faithfully, For Induslnd Benk Ltd.

t\w,z -tI lnll. -z Haresh Gadrlani Company Slcretary

Encl:a/a

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Investor Presentation Q1-2021-22

July 27, 2021

PPOP at Rs. 3,185 crs, grew by 9% YoY; PPOP / Assets at 3.67%

NII at Rs. 3,564 crs ; up by 8% YoY. NIM at 4.06% and Fee Income grew 18% YoY
Consol PAT at Rs. 1,016 crs up by 99 % YoY and 10% QoQ
PCR stands at 72% ; Total loan related provisions at 123% of GNPA and 3.60% of loans
Loan book quality stable; GNPA and NNPA for Q1FY22 at 2.88% and 0.84% respectively
CRAR at 17.57% ; well capitalized with adequate liquidity buffers
Cost / Income at 40.48% (39.38% LY) amid continued investment in network & digital augmentation
Liquidity Coverage Ratio (LCR) remains healthy at 146%
Healthy growth in deposit (+26%) with 9,926 crs increase in retail LCR deposits QoQ & CASA (+33%)
Client base at 29 million

Consistent delivery of strong operating performance

Cost / Income Net NPA

Revenue / Employee (Rs Lakhs)

Net Interest Margin (NIM) RoA

RoE

Domestic Rating:

CRISIL AA + for Infrastructure 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:

Ba1 for Senior Unsecured MTN programme by Moody's Investors Service

Consolidated Financial Performance

Steady Headline Numbers for Q1 FY22

Top line momentum

Balance Sheet

						(Rs Crs)
*	Q1FY22	Q1FY21	Y-o-Y (%)	Q4FY21	Q-o-Q (%)
Capital & Liabilities
Capital	774	694	12% 	773	-	
Reserves and Surplus	43,774	34,134	28% 	42,727	2%	
Share Warrant Subscription money	-	674	(100%) 	-	-	
Deposits	267,233	2,11,265	26% 	2,55,870	4%	
Borrowings	49,294	59,196	(17%) 	51,323	(4%)	
Other Liabilities and Provisions	11,921	11,953	- 	12,210	(2%)	
Total	372,996	3,17,916	17% 	3,62,903	3%	
Assets
Cash and Balances with RBI	11,876	7,621	56% 	17,957	(34%)	
Balances with Banks	58,884	28,497	107% 	38,652	52%	
Investments	68,699	59,596	15% 	69,653	(1%)	
Advances	210,727	1,98,069	6% 	2,12,596	(1%)	
Fixed Assets	1,876	1,855	1% 	1,876	-	
Other Assets	20,934	22,278	(6%) 	22,169	(6%)	
Total	372,996	3,17,916	17% 	3,62,903	3%	
Business (Advances + Deposit)	477,960	4,09,333	17% 	4,68,466	2%	

Profit and Loss Account – Q1 FY22

							(Rs Crs)
	Q1FY22	Q1FY21	Y-o-Y (%)		Q4FY21	Q-o-Q (%)
Net Interest Income	3,564	3,310	8%	▲	3,535	1%	▲
Other Income	1,788	1,520	18%	▲	1,780	-	▲
Total Income	5,352	4,830	11%	▲	5,315	1%	▲
Operating Expenses	2,167	1,902	14%	▲	2,186	(1%)	▼
Operating Profit	3,185	2,928	9%	▲	3,129	2%	▲
Provisions & Contingencies	1,844	2,259	(18%)	▼	1,866	(1%)	▼
Profit before Tax	1,341	669	101%	▲	1,263	6%	▲
Provision for Tax	325	159	105%	▲	337	(3%)	▼
Profit after Tax	1,016	510	99%	▲	926	10%	▲

Key Financial Indicators

	Q1FY22	Q1FY21	Q4FY21
Return on Assets	1.17%	0.69%	1.09%
PPOP / Average Assets	3.67%	3.95%	3.68%
Return on Equity	9.30%	5.86%	8.88%
Cost / Income Ratio	40.48%	39.38%	41.13%
Net Interest Margin	4.06%	4.28%	4.13%
Net NPA	0.84%	0.86%	0.69%
EPS (annualized, Rs. per share)	52.56	29.44	48.44
Capital + Reserves (Excl. Revaluation Reserve) (Rs. in crs)	44,236	35,183	43,187

Well Diversified Loan Book

	(Rs crs)
Consumer Finance	Jun-21
Vehicle Loans	59,645	28%
Comm. Vehicle Loans	22,853	11%
Utility Vehicle Loans	4,962	2%
Small CV	3,271	2%
Two Wheeler Loans	5,115	2%
Car Loans	7,764	4%
Tractor	6,849	3%
Equipment Financing	8,831	4%
Non-Vehicle Loans	32,284	15%
Business Banking	11,223	5%
Loan Against Property	8,761	4%
Credit Card	4,512	2%
BL, PL, AHL, Others	7,788	4%
Microfinance	26,391	13%
Total Advances	118,320	56%

Diversified Corporate Loan Book

Sector	%
Gems and Jewellery	3.85%
NBFCs (other than HFCs )	3.78%
Lease Rental	3.26%
Real Estate - Commercial and Residential	3.19%
Steel	3.00%
Power Generation – Non Renewable	1.64%
Power Generation – Renewable	1.39%
Real Estate - Others	1.34%
Housing Finance Companies	1.05%
Food Beverages and Food processing	1.01%
Other Industry	20.36%
Corporate Banking	43.87%
Consumer Banking	56.13%
Total	100.00%

Well Rated Corporate Portfolio

Improving Deposit Profile

Expanding branch network
Focus on target market segments
Growth driven by retail customer acquisitions
Scaling up new businesses Affluent and NRI
Leverage BFIL for rural customers
Building Merchant Acquiring Business
Digital Partnerships & Alliances
Innovative service propositions
Building Brand Recognition across mass consumer base

(Rs Crs)

	Q1FY22	Q1FY21	Y-o-Y (%)	Q4FY21	Q-o-Q (%)
Core Fee	1,214	682	78%	1,508 	(20%) ▼
Securities/MM/FX Trading/Others	574	838	(31%)	273 ▼	111% 
Total	1,788	1,520	18%	1,781 	- 

(Rs Crs)

	Q1FY22	Q1FY21	Y-o-Y(%)		Q4FY21	Q-o-Q(%)
Trade and Remittances	170	116	47%		219	(22%)	
Foreign Exchange Income	192	155	24%		269	(29%)	
Distribution Fees (Insurance, MF, Cards)	311	174	79%		399	(22%)	
General Banking Fees*	188	109	72%		200	(6%)	
Loan Fees	286	99	189%		357	(20%)	
Investment Banking	67	29	131%		64	5%	
Total Core Fee Income	1,214	682	78%		1,508	(20%)	

* Includes PSLC Income of Rs. 32 cr for Q1FY22, Rs. 39 crs for Q1FY21 and Rs. 52 cr for Q4FY21

Diversified and Granular Fee Streams – Q1 FY22

Segment-wise Yield

	Q1FY22		Q4FY21
	Outstanding (Rs crs)	Yield (%)	Outstanding (Rs crs)	Yield (%)
Corporate Bank	92,407	8.36%	91,018	8.42%
Consumer Finance	118,320	14.36%	121,577	14.27%
Total	210,727	11.75%	2,12,595	11.78%

Specific provision of Rs. 3,596 crs (towards PCR)
Floating provisions of Rs. 70 crs other than related to COVID-19 (towards PCR)
Counter-cyclical provision of Rs. 760 crs (towards PCR)
Standard contingent provisions of Rs. 2,050 crs surplus outside PCR
Standard asset provision of Rs. 969 crs other than related to COVID-19
Other provisions of Rs. 150 crs on standard assets
Provision Coverage Ratio at 72% and total loan related provisions at 123% of GNPA
Loan related provisions of Rs. 7,595 crs are 3.60% of the loans

						(Rs Crs)
	FY18	FY19	FY20	FY21	Q4FY21	Q1FY22
Corporate Bank	468	2,134	1,893	2,106	542	473
Consumer Finance	433	585	1,136	2,691	2,044	659
Gross Credit Costs	901	2,719	3,029	4,797	2,586	1,132
Gross Credit Costs (Basis Points on Advances)	62	146	146	226	122	54
Net Credit Cost	856	2,689	2,973	4,740	2,574	1,120
Net Credit Costs (Basis Points on Advances)	59	144	144	223	121	53
PCR	56%	43%	63%	75%	75%	72%

Loan Portfolio - Movement in NPA and Restructured Advances

		Q1FY22		Q4FY21
Rs cr	Corporate	Consumer	Total	Corporate	Consumer	Total
Opening Balance	2,800	2,995	5,795	2,231	1,420	3,651
Proforma NPA as on Dec 31,2020				413	2,095	2,508
Proforma Opening Balance				2,644	3,515	6,159
Fresh Additions	421	2342	2,762	2,235	1,594	3,829
Deductions	452	1,919	2,372	2,079	2,114	4,193
-Write-offs	188	750	938	144	1,206	1,350
-Upgrades	218	627	845	1,602	273	1,875
-Recoveries	46	543	589*	333	635	968
Gross NPA	2,767	3,418	6,186	2,800	2,995	5,795
Net NPA			1,760			1,477
% of Gross NPA			2.88%			2.67%
% of Net NPA			0.84%			0.69%
Provision Coverage Ratio (PCR)			72%			75%
Restructured Advances			2.7%			2.0%

*Sale to ARC Rs. 400 crs (830 crs)

Q1 FY22	Com. Vehicle	Utility	Const. Equip.	Small CV	TW	Cars	Tractor	BBG/LAP	HL/PL/ Others	Cards	MFI	Total
Gross NPA	675	70	131	253	515	142	87	675	215	203	452	3,418
Gross NPA %	2.93%	1.40%	1.47%	7.62%	9.78%	1.82%	1.28%	3.34%	2.75%	4.37%	1.69%	2.85%

Q4 FY21	Com. Vehicle	Utility	Const. Equip.	Small CV	TW	Cars	Tractor	BBG/LAP	HL/PL/ Others	Cards	MFI	Total
Gross NPA	717	67	107	100	392	105	79	709	247	73	399	2,995
Gross NPA %	3.00%	1.34%	1.18%	2.88%	6.73%	1.31%	1.17%	3.36%	2.84%	1.58%	1.49%	2.43%

Strong Balance Sheet & Profitability Buffers in Place

* CRAR at 17.89% and CET1 at 15.92% including Q1 FY 22 PAT

Capital Adequacy		(Rs. in Crores)
	30 Jun 21	31 Mar 21
Credit Risk, CVA and UFCE	229,559	2,30,602	4.9%
Market Risk	9,688	9,190	1.9%	2.4%
Operational Risk	33,120	33,120
Total Risk Weighted Assets	272,367	2,72,912	3.0%	3.1%
Core Equity Tier 1 Capital Funds	42,472	42,433
Additional Tier 1 Capital Funds	3,490	3,490
Tier 2 Capital Funds	1,901	1,510
Total Capital Funds	47,863	2 47,433 1
		1 1
CRAR	17.57%*	17.38% 1		100%
CET1	15.59%*	1 15.55% 0
Tier 1	16.87%	0 16.83% 0
Tier 2	0.70%	0.55%

Distribution Expansion to Drive Growth

			Strengthening Distribution Infrastructure
Particulars	Jun 30, 2020	Sep 30, 2020	Dec 31, 2020	Mar 31, 2021	Jun 30, 2021
Branches/Banking Outlets	1,911	1,910	1,915	2,015	2,015*
BFIL Branches	2,079	2,144	2,249	2,289	2,385
Vehicle Finance Marketing Outlets	854	841	840	828	821
Total	4,844	4,895	5,004	5,132	5,221
ATMs	2,721	2,785	2,835	2,872	2,870

*includes 208 specialized branches and 155 Banking outlets

Digital Strategy: Digital 2.0 about client centric, segment specific value propositions, Open / API Banking and creating frictionless banking experience

Creating future ready tech stacks and platforms – building cloud native, micro-services based API-led stacks

Digital Business Mix continues to grow on the back of seamless digital onboarding journeys powered by "IndiaStack" across products

User Base and Transaction Volumes continue to show healthy growth across channels

Whatsapp (WA) Banking conversations increased 1.5X YoY

Digital Transaction Mix continues to grow with 92% of transactions happening digitally and 67% of service requests processed digitally

*Includes service requests such as email statement, debit card hot listing, pin generation, etc; ^other channels includes branch, contact centre, ATMs

Launched all new IndusMobile: Improved app Rating from 3.8 to 4.0 within 3 months; 85% of users rate latest release 5 Stars

IndusMobile Ratings on Android Playstore

IndusMobile Ratings crossed peer average

Rating vs peers: Custom peer group $\circledcirc$
4.310 ★	$+0.074*$	4.236 $\star$
Yesterday's average 2	vs peers' median	Peers' median
Show peers $\vee$
Performance over time		Period: Daily v	□ Last 28 days ▼
Average rating		Download CSV 圡	Show: Daily average rating *
$4.5*$
*Continuously*	---------- There
		-------

Average rating

Faster response time on login Multiple User Access

Performance Sprint 2 underway to improve interfaces for cards, bill payments, offers and further response time improvement

Launched Indus Easy credit :Instant personal loan and credit cards in a completely digital end to end journey

Micro-services based API Stack that will be leveraged across Client, Sales Assisted, Partner Led journeys

Live WIP

Unique one of its kind client journey in the industry, leveraging the power of 'Indiastack

Fully digital end to end paperless, presenceless, cashless journey for new to bank clients seeking personal loans or credit cards.
Digital Checks for KYC, AML, Employment Verification
Real Time Bank Statement Analysis
Real Time Underwriting
Video-KYC enabled
E-agreement, E-sign, E-stamping and Enach setup
Leverages 35+ internal and external interfaces to power the journey
Automation of field verification, fraud checks, elimination of scanning and data entry to reduce cost of processing per application by 85-90%
Move PL & Cards to 95%+ digital sourcing

Run your business with : India's first all-in-one Merchant solutions (Going Live Shortly)

Digital account opening & merchant onboarding DIY / Assisted / Partner led

Two Factor Authentication End to End Data Encryption

			$\mathfrak{m} \in \mathbb{R}$
		IndusInd Bank
Today	Week	Month	Year
	Sales Summary		⊯
08 Jan 2021		₹34,540
₹ 25K		5:38 PM, 08 Jan
₹ 10K

₹ 1K
₹O
9 AM	12 PM 3 PM	6 PM	9 PM 12 AM
	10% sale than yesterday

Transaction (23)		Settlement (12)
₹10,20,450	$\mathcal{P}$	₹ 5,34,983	$\overline{ }$

Quick Links
	D	ご	囘
Khata	UPI QR	Fund Transfer View Balance

	$\overline{111}$	₹	Re Pap (₹

Digital Self - Onboarding All your banking needs in one App Payments. Banking. Loans.

	Banking	Statement ×	Fund Transfer	Statement ٠
Total Deposit CONVERTS CONTRACTOR CO.	₹10,50,000	District Line Transferred II ₹4,50,000 A/C No: 6543 3355 3563		Available Relative Sarking Ard ₹ 10,50,000 A/C No: 6543 \$355 \$563
	View More V	$\equiv$ sines Last 10 Transactions $\sim$	Transaction Successful ₹50,000	$\equiv$ nees Quarterly $\sim$
Total Loans	₹8,00,000	07 Dec 2020 $-23,000,00$ UP//0222456/8232224/010/80454/ Pay Direct	11:32 AM, 29 Dec 2020 Reference ID: 12334533324353	O4-FY-2021 QS-FY-2021 02-FY-2021 07 Dec 2020 $-723,000.00$
BL OD.	32,20,000 32,80,000	$+756,000.00$ 07 Dec 2020 UP/022045679202224/OID769454/ Fred Direct	$\alpha_n^0$ Share Alan Thomton	UP:\C22145678212254701D7E34E4/ Fre Direct $*756,000.00$ 07 Dec 2020
tam. $\sim$ Loan 4	₹1,20,000 71,20.000	$+712,400.20$ 06 Dec 2020 UP//022345678232224/010783434/	$\frac{1}{2}$ HDFC Bank : 6543 3253 3363 NEFT Trensfer Mode	RESIDENTARIES AND RESIDENCE FerDivet
Soan 5	₹60.000 View Lees A	Fre Direct 04 Dec 2020 $+711.780.50$ UP012254567825225470107834547	For yesterday sale Remarks	06 Dec 2020 $-712,400.20$ BR/D22/4S210232234/OD/20454/ Fay Direct
		For Direct 02 Dec 2020 $-78,400.00$ 1091224567023229470102834342 She Pitcher	3356 0089 9921 From Account	04 Dec 2020 $+711,780.50$ UP/022245679232224/OID769434/ Fre Direct

3-in-1: Payment Collections, Banking & Loans
State-of-art features: Digital Khata, UPI QR Scan & Pay

Safe and Secure Banking Digital Service Requests & Execution

	Merchant and banking service requests, straight from the
	app

Building the "Digital SME Stack" by leveraging microservices based APIs

Delivering completely digital, assisted and partner led journeys across channels

Easy and simplified product, overdraft up to Rs. 2 crores
100% digital origination for small business lending up to 2 crores, for all customers
Real time underwriting leveraging GST, Banking, Bureau – Instant decisioning and same day sanction
Using state-of-art algorithms for credit scorecards
Simple assessment norms on the basis of GST returns
No financial documents required
Digital authentication and verification checks
Digital signing, stamping and mandates for seamless disbursements
Cutting edge tech supporting multiple channels

Paid up Capital as of June 30, 2021

Appendix

CV Portfolio – As per a Leading Bureau

CE Portfolio – As per a Leading Bureau

PV Portfolio – As per a Leading Bureau

Used PV Portfolio – As per a Leading Bureau

Tractor Portfolio – As per a Leading Bureau

TW Portfolio – As per a Leading Bureau

Microfinance – As per a Leading Bureau

Accolades

Awards and Accolades

IndusInd Bank is bestowed with the Asset Asian Triple

Awards 2021

Treasury, Payment and Working Capital Category

Best in Treasury and Working Capital Public Sector India

Best Payment and Collection Solution India AutoPe Payment Solution Best Payment and Collection Solution India Cashfree Payments India

Best Payment and Collection Solution India – Nupay

Best Payment and Collection Solution India - Maharashtra State Cooperative Cotton Growers Marketing Federation

Best Service Provider (India) Distribution Finance 3rd Year in

Best Supply Chain Solution: India - Haler Appliances (India) P. Ltd.

Best Supply Chain Solution: India - Dell India

Best Supply Chain Solution: India - APL Apollo Tubes Ltd.

Supply Chain Finance Category

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. 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.