The current scenario of education loan segment in India

Federalbank23 Sep, 2022Finance

Education is the most imperative asset for a nation, so that it can have educated youths who can contribute much to its growth India is an emerging nation and it necessitates lots of educated folks who can make this nation the most developed nation in the world. Currently, Indian government has made several adjustments in its education system, particularly in education loan in India. As per numerous educational reviews, several bright Indian students gave up their higher edification because of scarcity of money. So as to circumvent such problems, Indian government has told a number of banks to offer easy loans to bright students for trailing higher education.