Education Loan News in India

• Haryana government provides monetary assistance to meritorious girls of .. 26/Dec/2012
• The Haryana government has disbursed Rs 3.90 crore to 4,595 female students under the education loan scheme. The loan was given by Haryana Women Development Corporation (HWDC) during the current financial year. The scheme is being implemented to encourage girls of the state to pursue higher ..
• Government reaffirms its commitment to providing concessional education .. 14/Dec/2012
• The Government today reaffirmed its commitment to providing concessional education loans to all segments of society and described the scheme started by it a "substantial success". Minister of State for Finance Namo Narain Meena, during Question Hour in the Lok Sabha, said providing concessional ..
• 22 lac students have taken education loans to the tune of 52000 crores 3/Dec/2012
• Union Finance Minister P Chidambaram said, around 24 lakh students took loans for education with banks having an outstanding amount of Rs 52,000 crore, as he asked banks to lend more money for this purpose. Chidambaram also asserted that his ministry was committed to the education loan programme of the ..
• Banks cannot deny education loan to management quota student rules Madras .. 15/Nov/2012
• The Madras high court has ruled that banks cannot deny education loans to students admitted under the management quota. Justice N Paul Vasanthakumar, appreciating the timely intervention of the Union finance minister in September this year to clarify certain issues relating to educational loan and ..
• RBI advises banks not to reject education loans on service area norms 10/Nov/2012
• The Reserve Bank asked banks not to reject any educational loan application even if the residence of the borrower does not fall under their service area. RBI said in a notification,"banks are advised not to reject any educational loan application for reasons that the residence of the borrower does ..
• 1800 education loan application received in a single day at Education Loan .. 14/Oct/2012
• The education loan mela organised by the district administration on Saturday received an overwhelming response as 1,800 applications for education loans were received on a single day in which 200 students were given spot sanction. As many as 25 banks, most of them nationalized, and few private banks participated in the ..
• Students Complain of Banks refusing to accept application for education .. 9/Oct/2012
• In petitions to Collector G. Govindaraj, a total of 61 students pursuing engineering and MBA courses in a private college in Coimbatore complained that despite three months had gone into the academic year, the banks were refusing to accept their applications. Lead District Manager R. Rajagopal said that ..
• Govt. working on scheeme to remove problems faced by students in obtaining .. 4/Oct/2012
• In a bid to remove problems faced by students in obtaining education loans, government was working on a scheme under which it would extend guarantee for advances upto Rs 7.5 lakhs, Reserve Bank of India governor D.Subba Rao said on Wednesday. "There are grievances of students not getting loans or ..
• Interest on loans provided to students below BPL to be borne by Kerala .. 4/Oct/2012
• Kerala government said it would bear the interest of educational loans availed by Below Poverty Line category students during the period of their study from 2004-2009. Addressing a press meet after a cabinet meeting, Chief Minister Oomen Chandy said the Centre was now providing the interest portion to ..
• Canara Bank launches model loan scheme for vocational courses 16/Jul/2012
• A model loan scheme for vocational courses was launched by Canara Bank recently. Principals of polytechnic colleges and students from various colleges took part in this function. Archana S. Bhargava, Executive Director, Canara Bank, released a booklet on the scheme guidelines and requested the principals of colleges to ..

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