INSUBCONTINENT EXCLUSIVE:
demand picks up amid increased government infrastructure spending and a likely normal monsoon are expected to boost rural incomes.
The bank
also became the first lender to finance nearly 12 lakh two-wheelers in a single year with improved focus on sourcing loans through digital
Agrarian incomes are growing steadily and we will increasingly see these markets using twowheelers for local commute and that is where the
13.5 lakh two-wheelers at the end of the current fiscal year; a growth of 20-25% from the year ago
The bank had financed 9.5 lakh two-wheelers at the end of FY17
focus on acquiring customers digitally with schemes like Zip Ride that offers pre-approved loans, Quick Paisa that enables loans through
net-banking and over 2,000 dealerships armed with biometric devices
4,700 and over 9,500 people working only in this segment
