Madras High Court directed the Oriental Bank of Commerce to disburse the last installment of education loan money due to a student, whose parents were defaulters in their repayment of another loan.
Justice D Hariparanthaman in his order said the bank should not stop the education loan ..
To facilitate educational loans for students, 9 banks have established their special counters in Anna university campus.
Karur Vaisya bank, Bank of Mysore, UCO bank, Indian bank, Dena bank, Bank of India, Oriental bank of commerce, Canara bank and Central bank of India have counters at the Anna university ..