ICICI Bank is planning to expand its retail loan business at a rapid pace in Odisha during the ongoing fiscal (FY22). The bank is aiming to grow business loans and overdrafts disbursement by 35 per cent to more than Rs 1,300 crore.
The bank continues to strengthen its franchise, delivery and servicing capabilities with a range of digital initiatives. It is focusing on locations such as Rourkela, Berhampur, Sambalpur, Cuttack, Jharsuguda, Angul, Bargarh, Bolangir and Jajpur, among others. Besides, the bank has forayed into a new segment of providing business loans to contractors for building roads, bridges and dams in order to support growth of infrastructure in the state.
ICICI Bank is a leading private sector bank in India.
