Showing posts with label IndusInd Bank sees consumer fin loanbook up 20 per cent. Show all posts
Showing posts with label IndusInd Bank sees consumer fin loanbook up 20 per cent. Show all posts

Wednesday, December 23, 2009

IndusInd Bank sees consumer fin loanbook up 20 per cent

MUMBAI: Private sector lender IndusInd Bank expects its consumer finance loan book to rise 20 per cent in 2009/10 on robust growth in the vehicle finance segment, a top official said on Friday.

"Our vehicle finance is picking up and we are seeing growth in auto and two-wheeler segment," Romesh Sobti, managing director and chief executive officer, told reporters.

The bank also expects 25-30 per cent credit growth in FY10, he said.