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ICICI Bank crosses Rs 2-trillion mark in mortgage loan


ICICI Bank has announced that its mortgage loan portfolio has crossed the milestone of Rs. 2 trillion (Rs. 2 lakh crore), making it the first private sector bank private sector bank in the country to achieve this feat.
The achievement, said a press release, can be attributed to ICICI Bank’s focus on offering a hassle-free and frictionless experience to customers by digitising the entire mortgage process along with instant loan approvals.
During the Q2 results announcement, the Bank had informed that mortgage disbursements
Ravi Narayanan, Head-Secured Assets, ICICI Bank, said, “The disbursements in October were even higher than September. October witnessed highest-ever mortgage disbursement.”
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