Friday, February 24, 2012

Increase education loan lending: Nair Committee recommendations

.......The committee headed by MV Nair, chairman, Union Bank of India, in a report suggested to that limit under priority sector for loans for studies in India may be increased to Rs15 lakh and Rs25 lakh in case of studies abroad, from existing limit of Rs10 lakh and Rs20 lakh, respectively. The RBI has sought comments on the report of the Committee............

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