ICICI to double retail loan of Rs 1,700 cr

| | BHUBANESWAR | in Bhubaneswar

With over 140 branches including 100 semi urban and rural and 650 service points, the ICICI Bank  has targeted to double its home loan disbursement to Rs 800 crore this fiscal in Odisha to focus affordable housing for rapid growth.

"Our growth is highest in Odisha in comparison to leading States. We have achieved the target of 100 per cent disbursement; our growth in business is not only coming from Bhubaneswar and Cuttack where economic activities are more, it is rather coming from semi urban and rural areas," said ICICI Executive Director Anyone Bagchi in a Press interaction in Bhubaneswar on Saturday.

Bagchi further added, "As we aim at doubling our retail loan disbursement in Odisha to Rs 1,700 crore in fiscal year 2019, the bank will reach the target by rapidly expanding its home loans and personal loan sector."