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Education loans
Education loans News
non-performing assets
25 Sep 2022
High NPAs in education loan segment turn banks cautious
Cautious approach is adopted at the end of branches while sanctioning education loans due to high NPAs. In India, around 90 per cent of education loans are disbursed by the PSBs. The outstanding education loans of all banks were Rs 79,056 crore at the end of March 2020 and at Rs 78,823 crore as of March 2021.
Raghuram Rajan
21 Sep 2014
Raghuram Rajan frowns on 'subsidising' foreign education loans
Calling for a re-think on easy credit, RBI Governor Raghuram Rajan has said banks are actually subsidising student education loans for overseas studies under the priority sector lending (PSL) segment.
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