Public sector lender Oriental Bank of Commerce is aiming to give a 50% shoot up to its retail loan disbursal mechanism this fiscal. Prime focus would be lent on the home loan segment.

The bank has identified 600 branches out of its total count which would vigorously work for increasing loan delivery, said CMD of the bank, Mr Nagesh Pydah.

"We want organic growth in retail advances by using our excellent modern technology platform. We are targeting at the genY," Mr Pydah said.

"We have decided that we will not give housing loans if the builders are outside of our approved list. We have had problems in the past in case of smaller builders," he said.

He added that the bank would be offering finance only to first time home owners.