Determining whether a parent or a student should take on an education loan is an important decision. Alth ...More

Determining whether a parent or a student should take on an education loan is an important decision. Although the student is the main borrower, having a co-borrower can be beneficial. It’s essential to think about potential future income for repayment rather than merely focusing on admission offers. ...Less

Funding a Rs 1.05 crore MBBS degree requires balancing education goals, retirement security, taxes and bo ...More

Funding a Rs 1.05 crore MBBS degree requires balancing education goals, retirement security, taxes and borrowing costs. Experts suggest phased mutual fund redemptions if the portfolio was created for education, or combining investments with a loan if income is stable. ...Less

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At a time when a statement or missile can cause unexplained volatility, expecting rational behaviour in t ...More

At a time when a statement or missile can cause unexplained volatility, expecting rational behaviour in the equity markets is probably expecting too much. But the fact is that rationality finally prevails. And it has to do with earnings and fundamentals and macro-economic order. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR Plus Reports is a complimentary offering to ETPrime members. ...Less

What does it actually take to be considered rich in India? A monthly income of Rs 2.5 lakh may sound high ...More

What does it actually take to be considered rich in India? A monthly income of Rs 2.5 lakh may sound high, but for many people it still does not feel like enough to move beyond the middle class. The answer can change sharply depending on location, family responsibilities, accumulated wealth and the lifestyle a person wants to maintain. ...Less

Jefferies has identified Paytm, Groww, PB Fintech, AU Small Finance Bank and Poonawalla Fincorp as its 25 ...More

Jefferies has identified Paytm, Groww, PB Fintech, AU Small Finance Bank and Poonawalla Fincorp as its 25% CAGR club of Indian financial stocks. The brokerage expects strong earnings and revenue growth over FY26-29, supported by scale, new business initiatives and operating leverage, while maintaining Buy calls on all five stocks. ...Less

Indian and Chinese students face US visa interview delays. A temporary pause in appointments affects univ ...More

Indian and Chinese students face US visa interview delays. A temporary pause in appointments affects university plans for many. Some students have already deferred their admissions due to this uncertainty. Many are now exploring alternative study destinations like the UK and Europe. Career opportunities remain a key factor in student destination choices. ...Less

Another week where the bears were in total control. There is, at this juncture, no point in guessing what ...More

Another week where the bears were in total control. There is, at this juncture, no point in guessing what will happen to the Nifty and Sensex. It depends on many things that have nothing to do with what is happening at the fundamental or technical levels. So, let the storm pass. The stocks we have in our list today have seen an improvement in their overall average Stock Report Plus score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. ...Less

With each passing day, things are getting more complicated in the Gulf region – as well as in the market. ...More

With each passing day, things are getting more complicated in the Gulf region – as well as in the market. When will things get sorted out? No one knows, and anyone claiming otherwise is indulging in guesswork. So, be ready to see a decline in the value of the stocks you hold or buy for some time at least, if not more. And the chances are that volatility will continue in most emerging markets, including India, even if the war ends tomorrow. ...Less

Employer health insurance offers peace of mind, but what happens when you change jobs? This article explo ...More

Employer health insurance offers peace of mind, but what happens when you change jobs? This article explores the benefits of securing your own health cover in your 20s, even with existing employer protection. Discover how buying early can lead to lower premiums, faster waiting period completion, and long-term financial advantages, ensuring your health security. ...Less

The contributions of homemakers to household management have substantial economic significance that is no ...More

The contributions of homemakers to household management have substantial economic significance that is now being acknowledged by life insurance policies. By considering family finances and the income of a spouse, insurers are able to offer tailored coverage for homemakers. Notably, the premiums for these term plans rival those for income-earning individuals, highlighting the importance of thoroughly understanding the specifics of life cover, whether individual or joint. ...Less

The way things are panning out with the Gulf war, the probability of ever greater volatility in markets a ...More

The way things are panning out with the Gulf war, the probability of ever greater volatility in markets across the globe is high. And higher oil prices is bad news for the Indian economy as it can impact several sectors. So, it is perhaps better to think twice before taking positions in the stock market. And always remember this: Don't take any statement by any of the parties involved as gospel truth. ...Less

As oil prices move up again, how will things pan out for the Indian market? Will it be a standalone under ...More

As oil prices move up again, how will things pan out for the Indian market? Will it be a standalone underperformer? Or is it just a phase where the rising price of crude is leading to fears that the market will again come under pressure in the short term? Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. ...Less

Investing, a wise man once said, is a journey; one that needs to be managed carefully. Remember two thing ...More

Investing, a wise man once said, is a journey; one that needs to be managed carefully. Remember two things: One, there is never a “perfect time” to invest – what matters is what you invest in. And two, don’t try to time the market. So, stay focused on companies that have managements with the experience of dealing with difficult situations. The thing, though, is that we are in a geopolitical scenario that gets increasingly difficult with each passing hour. ...Less

India’s festive season is expected to drive a strong consumption boost, with analysts identifying sectors ...More

India’s festive season is expected to drive a strong consumption boost, with analysts identifying sectors and stocks that could benefit. The period from Ganesh Chaturthi through Navratri, Dussehra, Dhanteras, Diwali and the wedding season typically brings higher footfalls, orders, ticket sizes and margins. ...Less

Asia-Pacific-focused private equity firm PAG, current owners of the listed financial services company, ha ...More

Asia-Pacific-focused private equity firm PAG, current owners of the listed financial services company, has revived attempts to sell the business after a year’s gap. Non-binding bids also in from 6 funds for 54% worth $1.8 billion. Two more strategics expected to join. ...Less

As retirement approaches, a non-resident Indian (NRI) investor with a target of Rs 3 crore seeks guidance ...More

As retirement approaches, a non-resident Indian (NRI) investor with a target of Rs 3 crore seeks guidance from a financial expert. The advisor recommends a structured approach involving asset allocation and portfolio consolidation. The investor's assets are categorized into three groups according to their risk profiles and investment timelines. Certain mutual funds are advised for both retention and new contributions. ...Less

Education loan applications are increasingly coming from smaller Indian cities. Tier II and III cities no ...More

Education loan applications are increasingly coming from smaller Indian cities. Tier II and III cities now represent over eighty-six percent of loan requests. Uttar Pradesh and Maharashtra show the highest volume of these applications. Job training and MBA programs are the most financed courses by students. This trend indicates growing ambition and a focus on career outcomes in smaller towns. ...Less

We normally don’t dwell on F&Os in this space. However, it is good to know that, in the current circumsta ...More

We normally don’t dwell on F&Os in this space. However, it is good to know that, in the current circumstances, an upmove in the indices and certain key stocks could be because of short-covering. They are usually sharp and may seem like a market recovery, but may not actually be one. Any sustainable recovery will have market breadth; without that, it is suspect. ...Less

Insurers are now offering term insurance plans specifically for students. These new plans provide afforda ...More

Insurers are now offering term insurance plans specifically for students. These new plans provide affordable life coverage for young individuals. Coverage options extend for thirty to forty years, offering long-term financial security. Optional riders for critical illness and accidental death are also available. This initiative aims to secure financial protection for students early in life. ...Less

When it comes to the banking sector, one should, at this point of time, give some leeway in terms of cred ...More

When it comes to the banking sector, one should, at this point of time, give some leeway in terms of credit growth. The more important thing to watch for in individual banks is the growth of their digital footprints. If that number is not going up, it can be a cause for concern. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

Indian student Samir Garhwal says he is facing financial uncertainty after completing his course in Canad ...More

Indian student Samir Garhwal says he is facing financial uncertainty after completing his course in Canada and being denied a post-graduation work permit. After taking an education loan to study in the country, he says he cannot afford another loan to pursue a legal challenge. The dispute has left affected Portage College graduates weighing returning to India or seeking legal remedies. ...Less

The Gujarat government has increased the foreign study loan income threshold to ten lakh rupees per year. ...More

The Gujarat government has increased the foreign study loan income threshold to ten lakh rupees per year. This update primarily aids middle-income students from the unreserved category, allowing more individuals to access higher education opportunities overseas with financial support. The initiative is implemented by the Gujarat Unreserved Educational and Economical Development Corporation. ...Less

NCERT has formed a new team for Classes XI and XII political science textbooks. This team will be tasked ...More

NCERT has formed a new team for Classes XI and XII political science textbooks. This team will be tasked with integrating Indian knowledge systems and cultural rootedness into the curriculum. At least four members have documented connections with RSS-affiliated organisations. The Class XI book is due by November this year and the Class XII one by July next year. ...Less

Regional Rural Banks saw gross loans rise 10.3 percent to Rs 5,78,349 crore. Their performance under Prio ...More

Regional Rural Banks saw gross loans rise 10.3 percent to Rs 5,78,349 crore. Their performance under Priority Sector Lending targets remained strong, achieving 91.7 percent. Agriculture and allied activities formed the largest credit component, accounting for 77 percent. MSME lending focused on micro enterprises, supporting rural entrepreneurs and small businesses. RRBs also extended significant credit to weaker sections and inclusive development areas. ...Less

Michael Bloomberg donated $1 billion to Johns Hopkins University in 2024 to expand financial aid, making ...More

Michael Bloomberg donated $1 billion to Johns Hopkins University in 2024 to expand financial aid, making medical school tuition-free for students from families earning under $300,000 a year. The gift also covered tuition and living expenses for students from families earning up to $175,000, building on Bloomberg’s own experience of relying on financial aid to attend the university. ...Less

Except for a small number of government colleges of repute, the demand for good quality colleges far outs ...More

Except for a small number of government colleges of repute, the demand for good quality colleges far outstrips the supply in India. Higher education remains costly and elitist and with the advent of edupreuners, Indian children often study at universities abroad after paying a steep fee or after taking educational loans. ...Less

Consider how things have panned out for the banking sector in Q1 FY27. The quality of loan books has impr ...More

Consider how things have panned out for the banking sector in Q1 FY27. The quality of loan books has improved. Though credit growth was not as good as expected, things have, on the whole, been better for all segments of banks, except for small finance banks. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components, earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

Luckily, the squeeze phase doesn’t last forever. Kids grow up, loans get paid off and people enter peak e ...More

Luckily, the squeeze phase doesn’t last forever. Kids grow up, loans get paid off and people enter peak earning years as they move towards their 50s. And given the increase in surplus during this phase, many people can accelerate retirement contributions meaningfully. ...Less

Indian families often overlook financial planning while preparing for overseas education, despite its hig ...More

Indian families often overlook financial planning while preparing for overseas education, despite its high cost. Early forex planning, comparing remittance options, budgeting for currency fluctuations and maintaining emergency funds can reduce expenses while helping students develop lasting financial management skills.The Hidden Financial Curriculum of Studying Abroad ...Less

In a groundbreaking move, the government is set to double education loan disbursals across the country, e ...More

In a groundbreaking move, the government is set to double education loan disbursals across the country, enabling greater access to higher education. Under this new initiative, larger loans will be guaranteed by the state, eliminating the need for property pledges. Interest rates will be capped, and application fees will be waived, with banks committed to processing applications within ten days during campus drives. ...Less

This is worth noting: Despite sustained periods of FPI selling, banking stocks have not corrected to the ...More

This is worth noting: Despite sustained periods of FPI selling, banking stocks have not corrected to the extent one might have expected, especially based on what happened four or five years ago. Yes, some stocks have corrected from their 2024 or 2025 highs, but the overall performance has been relatively resilient.Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

The government plans a nationwide push to expand education lending significantly. Faster approvals and ca ...More

The government plans a nationwide push to expand education lending significantly. Faster approvals and campus outreach will improve student access to finance. Banks will organize camps for on-the-spot loan sanctions at many institutions. Credit guarantee cover for collateral-free loans is also being considered. This initiative aims to ease financial burdens for students pursuing higher education. ...Less

Abhijeet Dipke stated his US education was funded by a scholarship and loan. He commented on Taslima Nasr ...More

Abhijeet Dipke stated his US education was funded by a scholarship and loan. He commented on Taslima Nasreen's remarks regarding protests in Bangladesh and Nepal. Dipke also urged the Maharashtra government to withdraw FIRs against student protesters. He claimed education has become unaffordable and inaccessible for many Indians. The CJP plans to expand its team following recent nationwide protests. ...Less

India's average bank credit growth remained robust in June 2026, supported by healthy retail lending and ...More

India's average bank credit growth remained robust in June 2026, supported by healthy retail lending and strong credit flow to non-banking financial companies (NBFCs) and commercial real estate (CRE), according to a report by Haitong Securities India. ...Less

Banking credit to industries showed robust growth, increasing 19.2 percent year on year. Personal loan gr ...More

Banking credit to industries showed robust growth, increasing 19.2 percent year on year. Personal loan growth also remained strong, rising 16 percent compared to last year. Medium enterprises experienced the fastest credit growth, surging 30 percent year on year. Petroleum, coal products, and gems and jewellery sectors saw significant expansion. Loan against gold jewellery emerged as the fastest growing personal loan segment. ...Less

Banking credit to industry saw a robust 19% year-on-year increase. Personal loan growth also remained str ...More

Banking credit to industry saw a robust 19% year-on-year increase. Personal loan growth also remained strong, expanding 16% compared to last year. Loans against gold jewellery surged by 93%, leading personal loan segment growth. Vehicle loans followed with a 17% expansion, while credit card growth decelerated. Education loans maintained strong growth at 13% year-on-year. ...Less

Let us assume FPI buying continues. That last month was not a one-off, but the start of a trend. If so, t ...More

Let us assume FPI buying continues. That last month was not a one-off, but the start of a trend. If so, then sooner or later this money will flow into banking stocks. Why? Because banks are the clearest proxy for the growth of an economy, and this is even more true in India. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components, earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

Indian parents now manage multi-year budgets for overseas education expenses. They meticulously track cur ...More

Indian parents now manage multi-year budgets for overseas education expenses. They meticulously track currency exchange rates and various associated costs. Admission is only the initial step in this complex financial undertaking. Families are actively comparing financing options and remittance structures. This shift transforms study abroad into a strategic financial project. ...Less

Tamil Nadu aims to facilitate education loans for over one lakh students by 2026-27. The state government ...More

Tamil Nadu aims to facilitate education loans for over one lakh students by 2026-27. The state government is committed to ensuring no student faces financial barriers to higher education. Collateral-free education loans up to Rs 7.5 lakh are being extended to students. The minister denied corruption allegations regarding university appointments. The Naan Mudhalvan skill development scheme continues its implementation. ...Less

Student protests over the NEET paper leak have spotlighted India's booming private coaching industry and ...More

Student protests over the NEET paper leak have spotlighted India's booming private coaching industry and rising education costs. Household spending on education has outpaced income growth, while fierce competition for limited seats in top colleges has driven coaching demand, intensifying financial pressure on families and fuelling frustration among students. ...Less

Education loan assets for NBFCs are projected to grow steadily at twenty percent this fiscal year. Divers ...More

Education loan assets for NBFCs are projected to grow steadily at twenty percent this fiscal year. Diversification across study destinations offsets demand impact from US policy uncertainties. Asset quality remains robust and is expected to stay stable during this period. US-linked disbursements declined sharply, while UK and other destinations gained traction. The US share of education loan assets fell significantly as of March 31, 2026. ...Less

Broadly speaking, both private and PSU banks are impacted by what happens to the economy. There might be ...More

Broadly speaking, both private and PSU banks are impacted by what happens to the economy. There might be some difference because of the focus of the loan book, but nothing escapes the broader impact of a bad monsoon, or rising oil prices. If they are behaving differently in the market these days, it is because of valuations, existing ownership, overall fund flows, and the kind of investors putting in the money. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components, earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

Rising education costs necessitate early financial planning for parents. Disciplined investing and compou ...More

Rising education costs necessitate early financial planning for parents. Disciplined investing and compounding can build a substantial education corpus. A bachelor's degree costing Rs 10 lakh today could exceed Rs 40 lakh annually in 18 years. Starting investments early significantly reduces monthly contribution requirements. Strategic shifts to debt investments mitigate market risks before college. ...Less

Market mood rarely turns all at once. It turns in stages. And India's mood might have just entered the fi ...More

Market mood rarely turns all at once. It turns in stages. And India's mood might have just entered the first of them: Because of a commodity which impacts India, whose price is dependent on the mood of a president. For weeks, the bias on the street was about as bearish as it gets. There was a good reason for it. Crude oil was on the boil, and there is no single number that hurts India quite like the price of oil. It inflates the import bill, pressures the currency, stokes inflation, and leaves little room for the government to spend. That will hopefully change now. And we are still using the word hope. ...Less

Tamil Nadu's first budget under the new administration will be presented in early August. Chief Minister ...More

Tamil Nadu's first budget under the new administration will be presented in early August. Chief Minister Joseph Vijay has been holding extensive review meetings with ministers and officials. The government aims to facilitate education loans for over one lakh students by 2026-27. Financial constraints will not prevent students from pursuing higher education opportunities. Allegations of corruption in appointments were rejected, with the Chief Minister monitoring the process. ...Less

Bank of Baroda's June-quarter profit fell 72% due to a Rs 5,680 crore one-off settlement, despite strong ...More

Bank of Baroda's June-quarter profit fell 72% due to a Rs 5,680 crore one-off settlement, despite strong loan growth and stable asset quality. Excluding the exceptional item, profit rose, supported by higher net interest income and healthy retail lending. ...Less

We live in a world where one statement or one missile can cause crude oil prices to spike. In such times, ...More

We live in a world where one statement or one missile can cause crude oil prices to spike. In such times, expecting rational behaviour in the equity (or commodity) market is probably expecting too much. At this juncture, investors need to develop the ability to either keep out of the market or invest only with a long-term perspective. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

Whether in business or the stock market, be ready for volatility. In today’s world, it can come for any r ...More

Whether in business or the stock market, be ready for volatility. In today’s world, it can come for any reason and from anywhere. Also be ready to see underperformance in your portfolio. This could be sparked by sudden selling in some part of the emerging market purely because of a technical readjustment. And it could take place for the simple reason that, going forward, currency markets are going to see some adjustment. So, besides being cautious and selective, also be volatility-ready for quite some time. ...Less

Economists propose reviewing priority sector lending guidelines for banks. They note banks struggle to me ...More

Economists propose reviewing priority sector lending guidelines for banks. They note banks struggle to meet targets without certificate purchases. Infrastructure loans should gain priority sector status for national development. Housing and education loan limits also need upward revision. Renewable energy project loan limits should be significantly increased. ...Less

IIM Ahmedabad student Vivek Kundu shared a breakdown of his monthly expenses, revealing he tries to keep ...More

IIM Ahmedabad student Vivek Kundu shared a breakdown of his monthly expenses, revealing he tries to keep his spending below Rs 25,000 and managed Rs 24,000 this month. He said he spent Rs 14,000 on food, nearly Rs 3,500 on Swiggy and DMart, Rs 2,000 on social life, and the remaining amount on transportation, haircuts, stationery, sports, subscriptions, medicines and miscellaneous expenses. ...Less

Indian student applications to Germany increased significantly this year. Artificial intelligence and dat ...More

Indian student applications to Germany increased significantly this year. Artificial intelligence and data programs saw the fastest growth in student interest. Students now evaluate Germany for career returns and post-study work options. This trend aligns with Germany's demand for skilled workers in technology. Germany offers affordability and clear pathways for study-to-work opportunities. ...Less

Taking an education loan may be a good idea. It is important, however, for parents as well as children to ...More

Taking an education loan may be a good idea. It is important, however, for parents as well as children to understand the modalities and implications of this step. ...Less

It is always important to make a distinction between sentiment and real business. While sentiment can imp ...More

It is always important to make a distinction between sentiment and real business. While sentiment can impact prices in the short term, it is business fundamentals that matter in the long term. And if they are turning structurally better, just ignore the noise on the street. The business updates for Q1 FY27 are probably a better guide. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components, earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

Below are the list of PSU banks providing lowest interest rates on education loan ...More

Below are the list of PSU banks providing lowest interest rates on education loan ...Less

Below are the list of PSU banks providing lowest interest rates on education loan without collateral ...More

Below are the list of PSU banks providing lowest interest rates on education loan without collateral ...Less

Ankur Warikoo advises young professionals to liquidate choices leading to debt. He stresses taking respon ...More

Ankur Warikoo advises young professionals to liquidate choices leading to debt. He stresses taking responsibility for financial decisions and exercising choices. For unavoidable debt, he urges hard work and earning more to pay it off. Warikoo shared his own journey of clearing significant debt over a decade. He emphasizes focusing on solutions rather than complaining about financial burdens. ...Less

The non-performing asset (NPA) level in education loans had increased to 9.55% by December 2020, up from ...More

The non-performing asset (NPA) level in education loans had increased to 9.55% by December 2020, up from 7.61% in March the same year. ...Less

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To get an education loan, you first need to secure admission to an accredited college or university. Firs ...More

To get an education loan, you first need to secure admission to an accredited college or university. First, you need to check with the lender if the course or university you are planning to attend is on its approved list. One should keep in mind that while public sector banks typically offer a lower rate of interest, private lenders score on convenience and quick disbursal. So, which one should you go for? ...Less

Below are the list of PSU banks providing lowest interest rates on education loan for overseas study ...More

Below are the list of PSU banks providing lowest interest rates on education loan for overseas study ...Less

Below are the list of private banks providing lowest interest rates on education loan for domestic & over ...More

Below are the list of private banks providing lowest interest rates on education loan for domestic & overseas study ...Less

For education loans above Rs 4 lakh, a personal guarantee is required from a person whose income and repa ...More

For education loans above Rs 4 lakh, a personal guarantee is required from a person whose income and repayment capacity is acceptable to the lender. ...Less

Ankur Warikoo suggests accepting financial reality and making tough choices for freedom. He advises rever ...More

Ankur Warikoo suggests accepting financial reality and making tough choices for freedom. He advises reversing personal financial decisions that lead to burdensome debt. Warikoo shared his own journey from thirty lakh rupees in debt to financial stability. He emphasizes that complaining hinders progress while action leads to debt clearance. Financial freedom is achieved through discipline and confronting difficult decisions. ...Less

NBFC education loan growth is slowing from 77% in FY24 to a projected 25% due to stricter US and Canadian ...More

NBFC education loan growth is slowing from 77% in FY24 to a projected 25% due to stricter US and Canadian visa policies. This shift prompts NBFCs to explore alternative international markets and domestic education segments. While asset quality is currently healthy, risks may increase as a significant portion of loans exit moratorium. ...Less

Reserve Bank of India plans to introduce a "frictionless credit mechanism" to simplify the process of obt ...More

Reserve Bank of India plans to introduce a "frictionless credit mechanism" to simplify the process of obtaining education loans. The new system aims to streamline the application process by eliminating extensive paperwork and complex procedures. Instead, a confirmed digital admission offer will serve as the primary requirement for securing a loan. ...Less

Psychology suggests that people who repeatedly say they want to quit their jobs and launch a startup aren ...More

Psychology suggests that people who repeatedly say they want to quit their jobs and launch a startup aren't necessarily making empty promises. For many people, the biggest obstacle is not a lack of ideas, it is navigating the psychological challenge of taking the first irreversible step. ...Less

Below are the list of PSU banks providing lowest interest rates on education loan ...More

Below are the list of PSU banks providing lowest interest rates on education loan ...Less

Education loans typically cover the course fees as well as charges that can be attributed to education wh ...More

Education loans typically cover the course fees as well as charges that can be attributed to education which may include accommodation charges, study material and equipment, travel expenses. etc. The quantum of loan also depends upon the course fee and the total income of the family. ...Less

An education loan can cover accommodation charges, expenses related to the purchase of books and equipmen ...More

An education loan can cover accommodation charges, expenses related to the purchase of books and equipment, examination and library fee, travel expenses, and insurance premium for the student. ...Less

Priyanka Vergadia's journey from failing IIT exams twice to becoming a Senior Director at Microsoft and e ...More

Priyanka Vergadia's journey from failing IIT exams twice to becoming a Senior Director at Microsoft and earning an MBA from Wharton is a testament to resilience. Despite immense family sacrifice and financial risk for her US education, she persevered through academic and cultural challenges. Her success, she states, stems from consistency and self-belief, proving that setbacks can indeed pave the way for greater achievements. ...Less

Avanse Education Loans, a education finance company of DHFL, today forayed into Delhi market offering edu ...More

Avanse Education Loans, a education finance company of DHFL, today forayed into Delhi market offering education loans at 12.25 %. ...Less

In the last three years from 2016-17 to March 2019, the amount of outstanding education loans rose from R ...More

In the last three years from 2016-17 to March 2019, the amount of outstanding education loans rose from Rs 67,685.59 crore to Rs 75,450.68 crore in September 2019, as per data provided by public sector banks. More than 90 per cent of these accounts are standard as on March 31 this year, Finance Minister Nirmala Sitharaman told the Lok Sabha. ...Less

According to rules, you can claim tax exemptions for a maximum of eight years. If your loan tenure exceed ...More

According to rules, you can claim tax exemptions for a maximum of eight years. If your loan tenure exceeds this term, you lose out on deductions. ...Less

However, no decision has been taken to set up a credit guarantee fund for the scheme ...More

However, no decision has been taken to set up a credit guarantee fund for the scheme ...Less

While education loan may help you achieve dream education however it comes with a cost in terms of intere ...More

While education loan may help you achieve dream education however it comes with a cost in terms of interest payment. The mechanism of interest payment differs among the lenders. The type of education loan you opt for and how you utilise your moratorium period, will decide how much repayment burden you will have when you start paying EMI. ...Less

With the fees of most professional courses in India ranging anywhere between Rs 5 lakh and Rs 40 lakh, ed ...More

With the fees of most professional courses in India ranging anywhere between Rs 5 lakh and Rs 40 lakh, education loans are simply unavoidable today. ...Less

At present, banks do not seek collateral on education loans up to 4 lakh, loans above 4 lakh require join ...More

At present, banks do not seek collateral on education loans up to 4 lakh, loans above 4 lakh require joint application and collateral. ...Less

Heptulla said the ministry will provide interest subsidy on educational loans for overseas studies for st ...More

Heptulla said the ministry will provide interest subsidy on educational loans for overseas studies for students belonging to the notified minority communities. ...Less

Government-owned banks have decided to provide cheaper education loans to girls by extending a special in ...More

Government-owned banks have decided to provide cheaper education loans to girls by extending a special interest rate discount of at least 0.5 percentage points on the card rate. ...Less

Students from disadvantaged economic backgrounds will no longer face financial problems in pursuit of hig ...More

Students from disadvantaged economic backgrounds will no longer face financial problems in pursuit of higher education as the government is set to launch an interest subsidy scheme on educational loans taken by them. ...Less

Make sure you have a high CIBIL score. A high credit score, which reflects responsible financial behaviou ...More

Make sure you have a high CIBIL score. A high credit score, which reflects responsible financial behaviour, guarantees better loan terms and increased approval chances. ...Less

Deduction on education loan can be taken if the loan is taken from bank or qualified institution for high ...More

Deduction on education loan can be taken if the loan is taken from bank or qualified institution for higher education of self, spouse or children. ...Less

Offering a collateral or a guarantee can help reduce cost of the loan. ...More

Offering a collateral or a guarantee can help reduce cost of the loan. ...Less

This will help widen the availability of education loans for students. Around 30 regional rural banks (RR ...More

This will help widen the availability of education loans for students. Around 30 regional rural banks (RRBs) will now have the credit shield from the Credit Guarantee Fund Scheme for Education Loans ...Less

The problem is so acute for at least five lenders that the stock of bad loans has more than doubled, with ...More

The problem is so acute for at least five lenders that the stock of bad loans has more than doubled, with UCO Bank and Indian Bank leading the pack. ...Less

State-owned Oriental Bank of Commerce (OBC) has reduced interest rate on education loans by up to 1 per c ...More

State-owned Oriental Bank of Commerce (OBC) has reduced interest rate on education loans by up to 1 per cent on education loans above Rs 7.5 lakh. ...Less

The RBI's response was on a clarification sought by the IBA whether the education loans with extended rep ...More

The RBI's response was on a clarification sought by the IBA whether the education loans with extended repayment period be treated as restructured loans. ...Less

You should keep a separate education corpus and start early so that the power of compounding can work. Bu ...More

You should keep a separate education corpus and start early so that the power of compounding can work. But if you fall short, an education loan can bridge the gap. Here’s what you need to know. ...Less

Many students believe that a default in the case of an education loan goes undetected. However, with the ...More

Many students believe that a default in the case of an education loan goes undetected. However, with the presence of credit bureaus, the repayment history can be easily tracked. ...Less

With over 800,000 admission applications received yearly, Australian universities have witnessed an annua ...More

With over 800,000 admission applications received yearly, Australian universities have witnessed an annual increase of approximately 4-5% in enrollments. However, pursuing education in Australia often necessitates students to seek educational loans to support their studies. This article will delve into the process of obtaining student loans, eligibility criteria, documentation and more. ...Less

The decision to prepay the loan must be based on factors that determine your income's best use. Do it if ...More

The decision to prepay the loan must be based on factors that determine your income's best use. Do it if it enhances your financial well-being. ...Less

Dewan Housing Finance Ltd, (DHFL), which is primarily into home loan business, has decided to foray in ed ...More

Dewan Housing Finance Ltd, (DHFL), which is primarily into home loan business, has decided to foray in education loan business. ...Less

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Getting an education loan may become easier. The government plans to cushion public sector banks against ...More

Getting an education loan may become easier. The government plans to cushion public sector banks against any default on education loans, the primary reason why PSBs are often reluctant to give out such loans that does not have enough guarantee. ...Less

The Indian Banks' Association (IBA) has put together a model education loan scheme that entails a higher ...More

The Indian Banks' Association (IBA) has put together a model education loan scheme that entails a higher quantum of loan. Even as the scheme becomes more expensive, lending standards will become tighter for loans for overseas education. ...Less

The government was committed to ensure smooth flow of education loans for students. ...More

The government was committed to ensure smooth flow of education loans for students. ...Less

Facing rising bad loans in high value education loans, banks have geared up to finance vocational courses ...More

Facing rising bad loans in high value education loans, banks have geared up to finance vocational courses as part of govt's skill development agenda. ...Less

Currently, Indian banks are wary of foreign education loans due to stringent US education policies and gl ...More

Currently, Indian banks are wary of foreign education loans due to stringent US education policies and global economic factors. However, despite a decrease in students studying abroad, education loan portfolios in the country are steadily growing. Experts advise careful consideration of ROI and repayment capability before taking a loan. Secured loans are preferable over unsecured ones for larger amounts due to lower interest rates. ...Less