IDFC Bank, soon to become the 91st scheduled commercial bank in India, will scale up its rural banking portfolio to a size of about $1.5- $2 billion (Rs.10,000-15,000 crore) in five years, Rajiv Lall, executive vice chairman and managing director, said on Thursday.
Home loans will be the main focus to grow the loan book, along with vehicle loans and small business loans for women’s self-help groups in rural areas, he added.
