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This is an archive article published on January 6, 2010

ICICI sees robust growth in home loans

ICICI Bank is seeing a robust growth in its home loans due to attractive interest rates.

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ICICI Bank,India’s second-largest lender,is seeing a robust growth in its home loans due to attractive interest rates,a top bank official said on Wednesday.

“Home loans are growing robustly as interest rates are attractive and (property) prices are quite fair now,” Sandeep Bakhshi,deputy managing director,said at a news conference.

The private sector bank’s commercial vehicle loans were also reporting a strong growth,he said.

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