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ICICI Bank’s mortgage portfolio crosses Rs 1.5 trn

Mumbai, July 4: ICICI Bank on Wednesday announced that it has crossed the milestone of disbursing mortgage loans of over Rs 1.5 trillion. It aims to grow its pan-India mortgage book to Rs 2 trillion by end of FY20, a company statement said. “ICICI Bank catalysed the growth of retail lending in the country in early 2000 by making retail loans, especially home loans, widely accessible and affordable. As a result of our continued endeavour, we have crossed the milestone of disbursing over Rs 1.5 trillion of mortgage loans, in a profitable manner with the lowest delinquency in the industry,” said Anup Bagchi, Executive Director, ICICI Bank. (IANS)

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