Icici Bank Discontinues Two-wheeler Loans At Dealer's End

Bank has decided to source two-wheeler loans only through its branches and not at the dealers' end.

The bank has discontinued its two-wheeler loans at dealer's end effective August 15, 2008.

 Under its revised conditions, the two-wheeler loans now will only be available through its branches.

However for cars, it would continue lending from the dealers' showrooms.

According to the ICICI, The shift in the strategy is due to high operating costs.