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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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Tanzania: Students Despair As More Miss Out On Education Loans

By Nuzulack Dausen and Kalunde Jama Dar es Salaam/Dodoma — Students hoping to benefit from cheap state loans to finance their university education may now seriously need to consider alternatives as chances of accessing the funds keep shrinking every year, thanks to budgetary constraints and an apparent shift...
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Kerala Unveils Education Loan Repayment Scheme

The Kerala government today announced an education loan repayment scheme to help students from financially backward families. The scheme is to provide relief to debt-ridden families, who had taken education loans for their wards, State Chief Minister Pinarayi Vijayan said while making a statement under Rule 300 in...
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