ICICI Bank surges on making plans to develop retail mortgage portfolio in Tamil Nadu in FY19

ICICI Bank surges on making plans to develop retail mortgage portfolio in Tamil Nadu in FY19

by admin- Thursday, November 29th, 2018 04:35:39 PM

ICICI Bank is presently buying and selling at Rs. 362.20, up by three.15 points or zero.88% from its preceding final of Rs. 359.05 at the BSE.

The scrip opened at Rs. 362.40 and has touched a high and coffee of Rs. 364.00 and Rs. 361.25 respectively. So a ways 176299 stocks have been traded on the counter.

The BSE organization ‘A’ inventory of face price Rs. 2 has touched a fifty two week high of Rs. 375.25 on 16-Nov-2018 and a 52 week low of Rs. 256.50 on sixteen-Jul-2018.

Last one week high and coffee of the scrip stood at Rs. 364.00 and Rs. 350.Seventy five respectively. The present day marketplace cap of the financial institution is Rs. 233734.22 crore.

The Institutions and Non-Institutions held 89.51% and 10.Forty nine%, stake within the bank, respectively.

ICICI Bank is planning to develop its retail mortgage portfolio in Tamil Nadu via over forty% to Rs 13,000 crore all through cutting-edge financial yr (FY19). The bank additionally set a target on consumer loans to develop by way of 50% in monetary yr 2018-19 to Rs 5,000 crore. Further, the bank’s home mortgage disbursement became likely to grow by nearly forty% to Rs 3,seven hundred crore, at the same time as agri-associated loans via 30% to Rs four,three hundred crore at some point of the cutting-edge economic 12 months.

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