Leading private sector lender,ICICI Bank,plans to focus more on growing its home and car loan portfolios in the months ahead and said its rates are competitive in the industry. "We would continue to focus more on home,car loans," ICICI Bank Managing Director & CEO,Chanda Kochhar,told reporters on the sidelines of a conference. The impact of drought in some parts of the country is yet to be assessed but this may have an impact on the banking industry as well if consumer demand is affected,Kochhar said. "We have to wait some more time to see the impact (of the drought). In some states,monsoon has been good but in some others,it is not," Kochhar said. Earlier speaking at the conference,Kochhar said the regulators have to keep pace with innovations in the market and have to be ahead of the curve to face the challenges in the system. Organisations have to take into account future risks while shaping the risk management tools than merely assessing past risks,she said.
