ICICI Bank eyeing to grow retail loan disbursement in Kerala by over 20% in FY20
26th Jun 2019

ICICI Bank is eyeing to grow its retail loan disbursement in Kerala by over 20 percent to Rs 3,100 crore in FY20. The bank planned to achieve this growth by rapidly expanding disbursement of consumer loans and mortgage loans, the two main pillars of retail loans.

The disbursement of consumer loans, which comprises of personal and auto loans, is expected to grow by nearly 22 percent to Rs 2,200 crore while mortgages, including home loan, by close to 20 percent to nearly Rs 900 crore.

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.