Education Loan News in India Apr 2012

Education loans touch Rs 7,000 crore mark in Kerala 30/Apr/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 say. ..
HC upholds IBA decision on Education Loan 21/Apr/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 for availing education ..
Coimbatore Collector tells bankers to treat education loans as national .. 1/Apr/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 for 2012-13, which ..