Education loans

2 Results

  • Despite 21pc jump in NPAs in FY17, lenders lap up education loans

    Despite 21pc jump in NPAs in FY17, lenders lap up education loans

    Despite increasing number of students not paying back their loans spiking NPAs to over 10 per cent, lending continues for higher education with the disbursals topping Rs.20,000 crore in fiscal 2017, according to a report. Banks and other lenders together......

    July 23, 2017
  • Restructured education loans not to be treated as NPAs: RBI

    Restructured education loans not to be treated as NPAs: RBI

    In order to encourage banks to provide education loans, RBI has said rescheduling of payment period of such loans due to unemployment of borrower will not be treated as restructured accounts for computing NPAs. Banks may allow up to three......

    January 22, 2017