education.

Restructured Education Loans Not To Be Treated As NPAs: RBI

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n order to encourage banks to provide education loans, RBI has said rescheduling of payment period of such loans due to unemployment of borrower will not be treated as restructured accounts for computing NPAs. Banks may allow up to three spells of moratorium (not exceeding 6 months each) during life cycle of education loan, taking … Read more

Ways to fund overseas education

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Studying abroad is expensive. At times, it can be as high as six times the cost in India. Hence planning is essential to ensure that adequate funds are at disposal when needed. Moreover, while applying for the student visa, you need to show proof of sufficient funds to cover at least the first year of … Read more