ICICI Bank Cuts Back on Retail Lending

So ICICI is cutting back on its business in unsecured loans. With a renewed push in corporate lending, she said, the bank's retail-loan portfolio has come down from around 65% of its total lending a couple of years ago to 55% today and will likely fall to 50% soon. With half of its loans now corporate, ICICI Bank is retreating somewhat from its aggressive push into retail banking over the last decade.