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ICICI Bank expects strong growth in auto loans even as vehicle sales dwindle

The country's second largest private lender, ICICI Bank is optimistic about achieving steady growth in the auto loans segment despite a slowdown in vehicle sales volumes. As on December 31, 2018, the bank had an outstanding auto loan book of Rs 53,000 crore. As per the latest data released by the RBI, vehicle loans grew 7.8% year-on-year in February 2019.

Read More at Moneycontrol News date : 17 Apr 2019, Wednesday

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