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Delhi government launches education loan scheme

New Delhi, Sept 09 (ANI): The AAP government on Wednesday launched its higher education loan scheme under which students will be provided loan up to 10 lakh by banks with the government as a guarantor. Education minster Manish Sisodia said that the higher education and skill development guarantee scheme aims at helping students who wish to pursue higher education. Students who have passed 10+2 examinations will be eligible for the loan for pursuing higher studies. The students will get a...

Small businesses must get easier loans via collateral security: RBI chief

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Mumbai, Aug 20 (ANI): RBI Governor Raghuram Rajan said small businesses must get easier loans via collateral security in financial capital on Thursday. Rajan also expressed concerns over debt recovery process and said it requires a systemic change. While highlighting the monsoon trends he insinuated that rural demand could rebound eventually driving the growth of the economy. In order to promote ease of small business financing via collateral security, Rajan announced small bank finance...