.........Now, banks stung by bad loans are buying insurance to cover default risk, which should make borrowing costlier for students. The total value of all currently disbursed loans, according to Reserve Bank of India data, is Rs 5,510 crore. In 2011-12, the ratio of bad loans was 4.5 per cent, and according to banking experts, has gone up in 2012-13 by another 100 basis points. That makes it important to ask ourselves should we be treating educational loans as other loans.............
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