Archive for November 6th, 2017

Can’t take education loan off NPA: Finance minister

TRICHY: The union ministry of finance refused to exempt education loans from non-performing asset (NPA) citing that Reserve Bank of India is against the exemption for maintaining credit discipline.  In a letter to the Union finance minister Arun Jaitley, MP Trichy Siva has urged not to bring education loans under NPA since non-payment...
Continue reading

Education loans will count in credit ratings, says govt.

No exemption possible, Finance Ministry tells DMK MP The government has clarified that education loan defaults cannot be kept out of the ambit of credit rating bureaus such as the Credit Information Bureau of India (CIBIL). The government’s response was in reply to a question posed by DMK...
Continue reading

Decoded: Five education loan myths

A good solid education is a stepping stone to a successful professional life. While most parents strive to provide their children with the best education they can, lack of finances often act as a hindrance to academic aspirations. Today, the rising cost of education has made most students...
Continue reading

IIM Calcutta records 100% summer placement

Niti Aayog also visited IIM Calcutta and made five prestigious offers. Photo: Indranil Bhoumik/Mint Kolkata: IIM Calcutta has completed the summer placement process for the 2017-2019 batch and has achieved 100% placement within a span of over two days. A total number of 180 firms across diverse sectors had...
Continue reading

IIM-B sees 100% summer placement of PGP graduates

The summer placement session that was held from October 29 to November 1 saw 90 offers by strategy consulting groups. Photo: Mint Strategy consulting firms were the top recruiters at the Indian Institute of Management Bangalore’s summer placement season for the class of 2017-19 of the two-year postgraduate...
Continue reading