education loan Current Affairs, GK & News

PSBs disbursed Rs 4.91 lakh crore under the Customer Outreach Initiative in October and November 2019

In September 2019, the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, announced the launched the Customer Outreach Initiative by the Public Sector Banks (PSBs) of India. The initiative aimed towards providing support to the needs of the economy by improving credit delivery or the credit outflow with a primary focus on NBFCs, MSMEs, ..

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Government launched education loan portal for students seeking loans

On 20 August 2015, Government launched a web-based portal www.vidyalakshmi.co.in for the students seeking educational loans. In order to ensure that no student misses out on higher education due to lack of funds, finance minister in the Union Budget for 2015-16 had proposed to set a fully IT-based Student Financial Aid Authority. In line with ..

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