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Despite the economic surge, access to credit still remains a challenge in India.
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The education loan portfolio of state-run banks is facing another. When confronted, he cleared the dues," said a bank executive to the Times of India. "The problem is the absence of security and guarantees, which makes it easy to.
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M Narendra, who recently retired as chairman and MD of Indian Overseas Bank, said, “The awareness level of people about the banking system is very high in South India. There’s a lot of information about education loans. A large number of.
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The High Court said when a public examination had been conducted and the student had been given 78% in it, the bank cannot arbitrarily reduce the same to 38 marks and deny education loan Madurai: Maintaining that guidelines of Union.
state-owned Indian Bank accounted for the maximum education sector bad loan, amounting to Rs 671.37 crore as on March 2017, followed by the State Bank of India (SBI) (Rs 538.17 crore) and Punjab National Bank (Rs 478.03.
With the State Bank of India selling a large number of its ‘bad’ education loans to Reliance Asset Reconstruction Company, defaulters have now started feeling the heat from the corporate giant. To reduce the burden of their non.
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NEW DELHI: State Bank of India has launched ‘SBI Global Ed-Vantage’, an overseas education loan for students who wish to pursue higher education abroad. SBI Scholar Loan scheme has been specifically tailored for those who get.
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OBJECTIVE & PURPOSE : The Star Educational Loan Scheme aims at providing financial support from the bank to deserving/ meritorious students for pursuing higher.
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Rana in his writ petition had stated that recruitments being made in the KCCB had come under the scanner since the bank management had been making recruitments of these officials through a test being conducted by the HP Board of.
NEW DELHI : The government on Thursday said it has a launched a website, vidyalakshmi.co.in, for students seeking educational loans and five banks including SBI, IDBI Bank and Bank of India have integrated. scheme for higher.
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About 75% of the R2,600 crore worth education loan portfolio for Central Bank of India consists of loans below R4 lakh. Gross NPAs for the portfolio stand at 3.5%, according to Ram Sangapure, general manager, retail. Similarly, for Union.
Loans are offered by banks and non-banking financial institutions (NBFCs) in India. When you apply for any. Instead, you can apply for an education loan or even a personal loan from any bank or NBFC. When you take an education.
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The government on Thursday said it has a launched a website, www.vidyalakshmi.co.in, for students seeking educational loans and five banks including SBI, IDBI Bank and Bank of India have integrated. Department of Higher Education,
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"The naming and shaming of education loan borrowers by banks like State Bank of India (SBI) and non-implementation of the scheme properly has brought the issue to the focus of political parties," said C.H.Venkatachalam, general.
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Banks have started scaling down interest rates on education and home loans after repeated hikes over the last two years as the Reserve Bank of India (RBI) has eased its tight monetary policy. The State Bank of India (SBI) is likely.