Thursday, October 4, 2012

Govt working on guarantee scheme for educational loans: RBI

Puducherry: In a bid to remove problems faced by students in obtaining education loans, government was working on a scheme under which it would extend guarantee for advances upto Rs 7.5 lakh, RBI Governor D Subba Rao said on Wednesday. "There are grievances of students not getting loans or encountering problems... Understanding that there is a problem, the government is now working on a guarantee scheme," he told students in Puducherry at an interactive programme organised by RBI and a national news channel..........

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