Education Loan News in India
| PAN card mandatory for education loan 5/17/2012 | ||||
| Banks have started asking for PAN Card of both student and parent who apply for education loan. According to the District Lead Bank Manager, J. Vanangamudi, in the case of students whose annual family income is Rs. 4.5 .. | ||||
| Read More » | ||||
| Banks cannot deny educational loan says HC 5/12/2012 | ||||
| The Madras High Court has held that a nationalised bank cannot deny a student-applicant an educational loan solely on the ground that admission was secured under the management quota. Justice M Jaichandren set aside an .. | ||||
| Read More » | ||||
| Sibal attacks plan panel for rejecting proposal on edu loans 5/9/2012 | ||||
| HRD Minister Kapil Sibal hit out at the Planning Commission for rejecting a proposal to set up an education finance corporation to refinance student education loans, saying the move was against the interest of the students. "The HRD Ministry has been knocking at the .. | ||||
| Read More » | ||||
| Higher education loan for Plus-Two students 5/6/2012 | ||||
| Coimbatore District Collector M. Karunagaran, convened a meeting of principals of Higher Secondary Schools in the district and representatives of banks at Mani High School on Thursday in an attempt to simplify the procedures involved in availing education loans for Plus-Two students. <br .. | ||||
| Read More » | ||||
| Education loans touch Rs 7,000 crore mark in Kerala 4/30/2012 | ||||
| The outstanding amounts on account of education loans of the banks in the state have piled up to Rs 7,035 crore — dues from 3.5 lakh loanees — of which Rs 447 crore remained as non-performing assets from 24,850 loanees. Its implications point to a dangerous scenario, social activists .. | ||||
| Read More » | ||||
|
| ||||
| HC upholds IBA decision on Education Loan 4/21/2012 | ||||
| The Madras High Court Bench here on Friday upheld the validity of a decision taken by Indian Banks Association that henceforth students who had secured less than 60 per cent of marks in qualifying examinations and secured seats in private colleges under the management quota would not be eligible .. | ||||
| Read More » | ||||
| Coimbatore Collector tells bankers to treat education loans as .. 4/1/2012 | ||||
| Mr M. Karunakaran, District Collector of Coimbatore, urged bankers to concentrate on education loans and look at the education loan portfolio as a national investment instead of considering it as an unrewarding advance. He made this remark after unveiling the Annual Credit Plan .. | ||||
| Read More » | ||||
| SBI planning to cut interest rate on education loans 2/13/2012 | ||||
| Banking major SBI today hinted at a possible cut in lending rates in the education loan segment, though it is is unlikely to reduce its base rate for now. "We have an Alco (asset, liability committee) meeting this week itself and it will have education loan rate cut on top of .. | ||||
| Read More » | ||||
| Loans still for the asking 1/18/2012 | ||||
| Loans may be getting dearer for several categories of people, but students need not worry as they are still the favoured lot. Government data shows that banks have been readily doling out education loans to bail out students who have got admission overseas, but are unable to cough up the fees by .. | ||||
| Read More » | ||||
