Education loans register 17% growth in FY23, turning positive for first time in five years
Financial Year | Year Growth % (In negative) |
FY20-21 | 3% |
FY19-20 | 3.3% |
FY18-19 | 2.5% |
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In India, around 90 per cent of education loans are disbursed by the Public Sector Banks. Private sector banks and regional rural banks (RRBs) accounts for around 7 per cent and 3 per cent of total education loan outstanding, respectively
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