Tag: Education loans
3 Results
-
An MBA that pays for itself : Idea of ‘Pay after Placement’ model
Only 35% of students get placed at the end of the MBA program, says a report, while students have to pay full fees in advance. The idea of 'Pay after Placement' model hence seems the need of the hour.
June 27, 2019 -
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 disbursed around Rs.20,000 crore in education loans in FY17, up from around Rs.17,000 crore a …
Continue reading "Despite 21pc jump in NPAs in FY17, lenders lap up education loans"
July 23, 2017 -
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 spells of moratorium (not exceeding 6 months each) during life cycle of education loan, taking …
Continue reading "Restructured education loans not to be treated as NPAs: RBI"
January 22, 2017