NEWS & ADVICE : EDUCATION LOANS
Rising NPAs in edu loan segment concern bankers
By Neelima Shankar
May 11, 2011
Print    Email    RSS   

The banking industry is facing a lot of problem owing to the rising share of non performing assets (NPAs) in the education loan segment.

It has been insisted that awareness be generated amongst the general public regarding the state of the industry and also alert them against flukes alluring students to easy entry into colleges through fake documents, said Mr A. Sampath, Member of Parliament while speaking at the District Consultative Committee for Banking Development in Thiruvananthapuram.

Also, district collector, Dr Dinesh Arora said that the district would soon see special awareness camps in this regard from the banks.

Also, banks have been asked to increase loan disbursement in this segment. Intermediaries/middlemen in the segment have been causing major issues.


 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Carnival of Indian Personal Finance Blogs #2
This is how a bank lends money
Carnival of Indian Personal Finance Blogs #6
Changing face of education loans
J&K Bank raises PLR


who can i get a education loan for b tech?
To chek my current balance
whether interest can be waived for education loan....
i have loss my sbi atm pin no.please suggest what is...
improve my cibil score
i want study loan for bca course

NEWS THIS WEEK
Banks urged to adopt a unified and streamlined approach to education loans May 24, 2012
Oriental Bank of Commerce to offer cheaper education loans May 18, 2012
Microfinance-another sector to create employment May 15, 2012
Budget may allow education guarantee fund: say banks Mar 14, 2012
Second CWE for recruitment of probationary officers scheduled for June Mar 7, 2012
News Archive