RBL Bank plans to boost its retail secured loans to 60%. The bank will focus on collateral-backed products like micro loans against property. RBL aims to tap underserved markets in Tier-3 and Tier-4 cities. It will leverage digital solutions and explore new collateral types. The bank intends to grow sustainably at 20% annually.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets