Tuesday , October 26 2021

ICICI Bank plans to grow retail loan portfolio in Tamil Nadu in FY19

ICICI Bank is planning to grow its retail loan portfolio in Tamil Nadu by over 40% to Rs 13,000 crore during current financial year (FY19). The bank also set a target on consumer loans to grow by 50% in financial year 2018-19 to Rs 5,000 crore. Further, the bank’s home loan disbursement was likely to grow by nearly 40% to Rs 3,700 crore, while agri-related loans by 30% to Rs 4,300 crore during the current financial year.

ICICI Bank is India’s largest private sector bank by consolidated assets. ICICI Bank’s subsidiaries include India’s leading private sector insurance, asset management and securities brokerage companies, and among the country’s largest private equity firms.

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