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Wednesday, December 02, 2020

education loans

EDUCATION LOANS NEWS

Congress slams Modi govt over 'obstacles' imposed on availing education loans

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.

Education loans fall 2.5% even as gross bank credit rises 12.3%

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.

Education loan: Flat growth in portfolio as defaults rise

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).

142 per cent rise in bad education loans in 3 years

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.

Education loans: Delhi govt to stand guarantee

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.

More than half of all education loans in South India, TN and Kerala take 38%

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.

Interest on education loans before Apr 1, 2009, waived

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.

Impact of 'revolutionary' edu scheme in another 10 yrs: FM

October 26, 2013 5:14 pm

FM said that backwardness in education was the reason for many states not being developed.

Govt funding for education loans to counter falling Indian Rupee

July 22, 2013 2:34 am

The demand for educational loans far exceeds the actual disbursement.

Corp Bank to cut interest rates on home,car loans from Sep 1

August 30, 2012 6:13 pm

Corporation Bank has decided to slash interest rates for a three-month period.