ICICI Bank eyes 40% growth in FY22 retail loan disbursement in Gujarat

Going forward, bank's expansion focus is on micro markets like textile hub and diamond market in Surat, ceramic market in Morbi, steel, metal and pharma in Ahmedabad and paper units in Vapi

On the back of a host of digital initiatives and customer-centric approach in Gujarat, ICICI Bank on Wednesday announced that its retail loan disbursement in the state is likely to grow by 40 per cent to Rs 32700 crore in financial year 2021-22 on a year-on-year (YoY) basis.

"In Gujarat, we continue to offer improved products and services through a range of digital initiatives. In this state, our endeavour is to create holistic value propositions for our customers. We are focusing on opportunities across the customer ecosystem and micro markets within the state. We have created cross functional teams to bring