Student loans: Govt orders faster approvals for education loans in...

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added a post in Business

2025-07-08 11:14:14 -

Student loans: Govt orders faster approvals for education loans in 15 days

The finance ministry is pressing public sector banks to expedite education loan processing, aiming for approvals within 15 days. Banks must establish centralized systems and higher authority approval for rejections, with clear communication to students.

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