http://www.rupeetimes.com/news_advice/education_loans Education Loans News & Advice from rupeetimes.com (C) 2007 rupeetimes.com Wed, 26 Nov 2008 10:50:01 +0530 The state government of Karnataka has declared a 6%loan subsidy for students of professional colleges and has issued certain guidelines to the nodal agency of education and director of technical education regarding the issue.Students can avail loans from any nationalized bank provided he is admitted... http://www.rupeetimes.com/news/education_loans/student_loan_subsidy_given_in_karnataka_1883.html 12345678901883 Wed, 05 Nov 2008 10:10:41 +0530 Even before the Finance Minister could ask banks to soften their interest rates, public sector bank Union Bank of India on November 3rd announced a 50 basis points cut in its benchmark prime lending rate (BPLR) to 13.5% with immediate effect.The Bank said following the RBI's triple cut in CRR, SLR a... http://www.rupeetimes.com/news/education_loans/union_bank_slashes_plr_1804.html 12345678901804 Fri, 31 Oct 2008 11:49:58 +0530 Planning for a degree from abroad? Think again! You may find it difficult to collect funds for supporting your education.Banks are likely to follow stringent education loan norms especially for international universities. In fact they are also planning to lower the limit for collateral requirement f... http://www.rupeetimes.com/news/education_loans/strict_norms_for_education_loans_designed_for_international_studies_1781.html 12345678901781 Mon, 27 Oct 2008 11:17:43 +0530 Capital Adequacy Ratio (CAR) of seven public sector banks is expected to gear up to 12% after the injection of Rs 3,000 crore by the government. Finance Minister P Chidambaram said that the government will infuse this capital to improve the financial heath and CAR of the banks.Chidambaram said on We... http://www.rupeetimes.com/news/education_loans/government_to_capitalize_public_sector_banks_1775.html 12345678901775 Fri, 17 Oct 2008 10:54:31 +0530 It seems that the series of cut in CRR has started showing its effect.State-run, Punjab National Bank has decided to slash lending rate on housing, car and education loans after the announcement of third cut in CRR.PNB is the first lender to declare a reduction in the interest rates. Chairman and Ma... http://www.rupeetimes.com/news/education_loans/pnb_slashes_retail_loan_rates_1743.html 12345678901743 Tue, 14 Oct 2008 12:53:57 +0530 ICICI Bank chief KV Kamath reassured investors that the largest private sector bank in the country remains well capitalized and has no sub prime exposure.Standard & Poor's Ratings Services also said that the credit fundamentals of the bank continue to be sound, backed by its strong market position i... http://www.rupeetimes.com/news/education_loans/depositors_need_not_worry_icici_bank_has_no_major_subprime_exposure_1725.html 12345678901725 Mon, 13 Oct 2008 12:25:53 +0530 President Pratibha Patil will launch a scheme whereby loans at an interest rate of 4% will be sanctioned to women's self-help groups (SHGs).The President is going to Pune for the launch, where she will extend loans to two SHGs from Pune and one each from Solapur, Satara and Nashik.An official from... http://www.rupeetimes.com/news/education_loans/women_self_help_groups_to_avail_loans_at_4_1719.html 12345678901719 Mon, 29 Sep 2008 12:16:16 +0530 The country's inflation rate for the week ended September 13 remained unchanged at previous week's level of 12.14%. The slowdown in inflation rate over the past few weeks has been maintained with this figure.This figure is still far above the central bank's target of 7 percent for the fiscal year to... http://www.rupeetimes.com/news/education_loans/inflation_pauses_at_1214_percent_1675.html 12345678901675 Fri, 26 Sep 2008 12:37:39 +0530 HDFC Bank has extended its hand for providing education loan at minimum interest rates to the students of Institute of Computer and Finance Executives (ICFe).Mr. Santosh Mangal, CMD, ICFe says on the tie-up with HDFC bank ‘‘Many dreams and aspirations of the bright and deserving candidat... http://www.rupeetimes.com/news/education_loans/hdfc_bank_joined_with_icfe_to_extend_education_loans_1671.html 12345678901671 Thu, 25 Sep 2008 09:45:14 +0530 India's apex development bank, National Bank for Agriculture and Rural Development (NABARD) has announced four central cooperative banks under the Orissa State Cooperative Bank (OSCB) as Self Help Promotion Institutes (SHPIs). These SHIPs are declared in the wake of promoting Self Help Groups (SHGs)... http://www.rupeetimes.com/news/education_loans/self_help_promotion_institutes_to_promote_shgs_in_orissa_1656.html 12345678901656