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, ..
Category: India Nation & States Current Affairs
Topics: agricultural loans • Corporates • customer outreach initiative • education loan • Home loan • Minister of finance and corporate affairs • Ministry of Finance • MSME • NBFC • Nirmala Sitharaman • Public Sector Banks
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 ..