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Sundaram Finance backs online education loans marketplace GyanDhan

GyanDhan, an online marketplace for education loans operated by Delhi-based Senbonzakura Consultancy Pvt. Ltd, has secured an undisclosed amount from Sundaram Finance Holdings, a subsidiary of Chennai-based Sundaram Finance Ltd, it said in a statement. GyanDhan, which was founded by IIT Kanpur alumnus Ankit Mehra and IIT Delhi...
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Why Betsy DeVos Will Rewrite These Student Loan Forgiveness Rules

WASHINGTON, DC: Education Secretary Betsy DeVos testifies before the Senate Appropriations Committee on Capitol Hill June 6, 2017 in Washington, DC. (Photo by Win McNamee/Getty Images) The Trump administration announced Wednesday that it will rewrite two Obama-era rules intended to protect student loan borrowers. The U.S. Department of...
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Sundaram Finance backs online education loans marketplace GyanDhan

GyanDhan, an online marketplace for education loans operated by Delhi-based Senbonzakura Consultancy Pvt. Ltd, has secured an undisclosed amount from Sundaram Finance Holdings, a subsidiary of Chennai-based Sundaram Finance Ltd, it said in a statement. GyanDhan, which was founded by IIT Kanpur alumnus Ankit Mehra and IIT Delhi...
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MoU signed to offer education loans sans any guarantee

National Institute of Tourism & Hospitality Management (NITHM) entered into a Memorandum of Understanding (MoU) with the Indian Overseas Bank, Gachibowli Branch to facilitate education loans to the students without any guarantee or collateral security. Bank Chief Regional Manager Shivkumar Chaturvedi and Director NITHM S. Chinnam Reddy and...
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One-stop portal now for educational loans

CHENNAI: Securing and repaying education loans is set to get simpler. The Centre has advised all banks to route student loans through the Vidya Lakshmi Portal (VLP). Launched by Union finance minister Arun Jaitley in August 2015, it is a student-friendly , one-stop portalfor application of educational loans...
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