Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1796)

2018-07-06 Banking

1796.

The Mortgage Loan Portfolio of this bank crosses Rs1.5-Trillion recently.

Bank of Baroda

Union Bank of India

Kotak Mahindra Bank

ICICI Bank

Answer: Option

Explanation:

ICICI Bank has announced that its mortgage loan portfolio crossed the Rs 1.5-trillion milestone, making it the largest private player in the segment, and the lender is targeting to grow it to Rs 2 trillion by FY20. At Rs 1.5 trillion, the mortgage loan-book is half of the bank's overall retail loan portfolio of around Rs 3 trillion.