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ICICI Bank plans to up retail loan disbursement in Tamil Nadu to Rs 130 bn

This fiscal ICICI Bank plans to grow its disbursement of consumer loans by nearly 50 per cent to Rs 50 billion

IANS  |  Chennai 

By definition, CCB is something that is done when times are good. The Indian banking system has hardly been in a good state over the past few years.

Private sector Ltd will grow its by 40 per cent in Tamil Nadu, said a

Speaking to reporters here, Anup Bagchi, Executive Director, said the company is expecting to grow disbursement in by over 40 per cent to Rs 130 billion this fiscal.

He said the growth will happen across like consumer, home, agriculture.

This fiscal plans to grow its disbursement of consumer loans by nearly 50 per cent to Rs 50 billion. The bank will also increase its home loan disbursement by nearly 40 per cent to Rs 37 billion.

Within the home loans portfolio, the bank is focusing on the affordable housing segment and expanding its presence across tier two and three markets.

 

First Published: Wed, November 28 2018. 19:18 IST
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