NEWS & ADVICE : EDUCATION LOANS
SBI may soon reduce interest rates on education loans
By Neelima Shankar
Feb 14, 2012
Print    Email    RSS   

State Bank of India, which is the largest lender in the country, can soon come up with some favorable news for the education loan borrowers. The lender has indicated that a reduction of interest rates is possible in its education loans segment.

The Chairman of the bank, Mr. Pratip Chaudhuri said, "We have an Alco (asset, liability committee) meeting this week itself and it will have education loan rate cut on top of the agenda."

He however rejected any possibility of reduction in the base rate in near future.


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Manage your loans, avoid recovery agents
This is how a bank lends money
Innovative education loan scheme for IIM...
Education loans seeing a facelift in India
Carnival of Indian Personal Finance Blogs #2


ROPAR: CaℒL Giℛℒ In Kurali 09855660911...
Why Pitampura Tutors (Ph:- 9911742311) & Private...
kala jadu in hindi 9636854282

NEWS THIS WEEK
Banks to look forward to hire students from IIT/IIM Feb 18, 2015
Union Bank of India hiring for the post of specialist officers Feb 16, 2015
Canara bank launched scholarship Scheme Feb 13, 2015
AXIS bank started ‘My idea of progress’ Campaign Feb 12, 2015
RBI inviting applications for the guard post Feb 11, 2015
News Archive