July 01, 2019 5:19 pm
Congress's attack came after a media report claimed that the pool of eligible institutions for which students can take education loans to pursue professional or technical courses got smaller.
May 02, 2019 12:53 am
As these are lower ticket size loans disbursed by the PSBs, majority of them are getting classified as priority sector lending and are unsecured in nature.
August 23, 2018 4:22 am
As much as 94.68 per cent of the total education loan outstandings are accounted by public sector banks which are now looking at selling delinquent loans to asset restructuring companies (ARCs).
July 17, 2017 5:29 am
More than half of education loans were taken by applicants in southern states, which have also reported most defaults. Students from Tamil Nadu and Kerala are in the forefront of taking loans, said an official of a nationalised bank.
June 05, 2015 1:44 am
The student will get a one -year moratorium after completion of his or her degree or diploma course and can repay the loan through EMIs over 15 years.
March 30, 2015 4:21 am
Modi’s home state Gujarat accounts for Rs 1,508 crore of education loans, with barely 50,000 students opting for loans.
February 18, 2014 1:58 am
This waiver will benefit nearly 9 lakh students borrowers and burden the government by approximately Rs 2,600 crore in the current fiscal.
October 26, 2013 5:14 pm
FM said that backwardness in education was the reason for many states not being developed.
July 22, 2013 2:34 am
The demand for educational loans far exceeds the actual disbursement.
August 30, 2012 6:13 pm
Corporation Bank has decided to slash interest rates for a three-month period.