Friday, April 19, 2013

ICICI Bank to grow personal loans, credit card business

......Risk of delinquencies since the 2008 economic meltdown has made the bank shrink its unsecured lending portfolio. As per Reserve Bank of India data, credit cards issued by ICICI reduced to 2.84 million in January 2013, from 2.86 million during the same period last year. It stood at 3.19 million as on June 2011........

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