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Education Loan News in India 2011

  • HC declines to direct bank to grant education loan 13/Dec/2011
  • Madurai Bench of the Madras HC declined to direct a nationalised bank to grant educational loan for an MBA student in violation of policy framed by Indian Bankers' Association on cut-off marks. The prescription of a minimum percentage of mark for students was to ensure that the student had employment ..
  • Tribal students allege loan denial, bank refutes claim 16/Nov/2011
  • The Coimbatore District Collector assured to look into the complaints by two college-going tribal students that they were being denied educational loans by a nationalised bank for the past one year, even as the bank concerned maintained it had already santioned the loans.   M Muthu, studying BSc ..
  • Mobile phone, junk food banned in Nepal schools 4/Aug/2011
  • Nepal government banned use of mobile phones and also put restrictions on consumption of junk food in schools.   The Department of Education (DoE) has banned the use of cell phones in schools and also made it mandatory for parents to send only homemade launch for their children.   ..
  • HC directs bank to disburse last installment of education loan 29/Jul/2011
  • 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 ..
  • Banks on the lurch for more prospective students 13/Jul/2011
  • 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 ..
  • Panel suggests loan scheme after proposing fee hike at IIT 16/May/2011
  • Proposing a steep hike in tuition fee for IIT courses, the Kakodkar Committee on the future of the premier institutes has suggested a 'special loan scheme' to offset the burden, attracting no collateral and on personal guarantee of the student.     "The quantum of the loan should be ..

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