Mumbai: The country's largest private bank,
ICICI Bank, on Friday said it is focussing on the home-loan
segment as the real estate segment is witnessing a comeback
after the economic slowdown.
"We are focussing on the home-loan segment at the moment
as there is a lot of activity in this sector (home) ... people
who stopped buying a few months ago, are back again," ICICI
Bank's Managing Director & CEO Chanda Kochhar told reporters
here today.
The bank had recently launched a home-loan scheme under
which 8.25 percent interest rate will be fixed for the first
two-years for loans sanctioned from December 1, 2009 to
January 31, 2010, irrespective of the loan amount. The first
disbursement of the loan should be availed before March 31,
2010.
From the third-year onwards, the lender would charge a
floating interest rate depending upon the then prevailing
floating reference rate.
PTI
First Published: Friday, December 11, 2009, 15:02