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New policy on education loans: A new chapter for students, but is it risky?


New policy on education loans: A new chapter for students, but is it risky?
April 26, 2021
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There are rising concerns over possible defaults in education loans as companies may revisit hiring plans due to impact of Covid
Banks, especially those in the public sector, supporting the higher education dreams of Indians, both within and outside the country, is no longer news.
However, their recent decision to give loans to power the dreams of Non-Resident Indians (NRIs) and Persons of Indian Origin (PIO)/ Overseas Citizens in India (OCI) keen on getting a degree from an Indian institute of higher learning, is news for overseas Indians to sit up and take notice. ....

Supreme Court , International Regional Agencies , Foreign Exchange Management Borrowing , National Education Policy , Non Resident Indians , Indian Origin , Overseas Citizens , Regional Agencies , Foreign Exchange Management , Indian Bank Association , Model Educational Loan Scheme , Pursuing Higher Education , Loan Scheme , National Education , Reserve Bank , New Policy On Education Loans , Education Loans , Loans From Banks , Higher Education , உச்ச நீதிமன்றம் , வெளிநாட்டு பரிமாற்றம் மேலாண்மை கடன் வாங்குதல் , தேசிய கல்வி பாலிஸீ , அல்லாத குடியிருப்பாளர் இந்தியர்கள் , இந்தியன் ஆரிஜிந் , ஓவர்‌ஸீஸ் குடிமக்கள் , வெளிநாட்டு பரிமாற்றம் மேலாண்மை ,