[ad_1] Education loans, also known as student loans, is the monetary assistance provided by banks and financial institutions to help students fund their studies. These loans cover expenses such as tuition fees, travel costs, books, hostel charges, and other academic necessities. They are available for domestic and international education, catering to undergraduate, postgraduate, diploma, and […]
NBFCs eye 45% growth in education loans in FY25, leading banks in asset quality – CNBC TV18
[ad_1] India’s non-banking financial companies (NBFCs) are poised to see their education loan assets under management (AUM) exceed ₹60,000 crore this fiscal year, spurred by rising demand for overseas education. According to a recent report by CRISIL Ratings, the education loan AUM of NBFCs reached approximately ₹43,000 crore as of March 31, 2024, following impressive […]
Margin pressures, credit access challenges mount for NBFCs amid tighter liquidity – CNBC TV18
[ad_1] India’s Non-Banking Financial Companies (NBFCs) are facing increasing challenges as tightening liquidity conditions intensify margin pressures and restrict access to credit, especially for smaller and mid-sized players. This was the sentiment echoed by the panellists from India’s top NBFCs at the CNBC TV-18 Banking Transformation Summit. The experts suggested that while the larger NBFCs […]