CorpBank and IIM, Ahmedabad ink pact
Corporation Bank has tied up with Indian Institute of Management, Ahmedabad to provide loans to students pursuing higher studies at the premier business school.
By PTI |
MANGALORE: Corporation Bank has tied up with Indian Institute of Management, Ahmedabad to provide loans to students pursuing higher studies at the premier business school.
As part of the MoU, both Corporation Bank and IIMA will work in close coordination through their branches/office. The institute will nominate the bank as a preferred financier for granting education loans to its bonafide students pursuing regular full time academic programmes and the bank will accept its nomination as a preferred financier for education loans, a bank release said.
"Apart from education loan, the bank also extends assistance for purchasing accessories such as laptops and personal computers to aid students in their studies", it said.
During the course of interaction, IIMA evinced keen interest in the "Branchless Banking" model evolved by the Bank,which takes technology to the remotest villages of the country for providing banking facility.
As part of the MoU, both Corporation Bank and IIMA will work in close coordination through their branches/office. The institute will nominate the bank as a preferred financier for granting education loans to its bonafide students pursuing regular full time academic programmes and the bank will accept its nomination as a preferred financier for education loans, a bank release said.
"Apart from education loan, the bank also extends assistance for purchasing accessories such as laptops and personal computers to aid students in their studies", it said.
During the course of interaction, IIMA evinced keen interest in the "Branchless Banking" model evolved by the Bank,which takes technology to the remotest villages of the country for providing banking facility.
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