ICICI Bank average ticket size dips on focus on smaller towns

Private sector lender ICICI Bank's growing focus on on tier 2 and tier 3 cities has resulted in a marginal dip in the average ticket size to '35 lakh from '37 lakh, Executive Director Rajiv Sabharwal said on Thursday.He said the bank has always been serving the tier 2 and 3 cities, but there have been concerted efforts on these markets in the past three years which has paid off well for the lender and smaller centres account for 30% of the home loan book.

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