Apr
29
Shielding Dreams – Why Student Loans Must Be Protected from Parents’ Financial Defaults
With education loan disbursals reaching ₹28,699 crore in FY24, up 15% from the previous year, the Indian student loan segment is gaining strength. However, a critical challenge is now coming into sharp focus: should student loans be classified as non-performing if the parent or guardian (co-borrower) defaults on a separate personal loan? Currently, under RBI’s […]