Student Loan Recovery Puzzle For Banks Chennai News
Chennai: Public sector lenders are under a pile of bad debts, where non-collection adds to the complicated situation. Bad debts or non-performing assets in the education loan portfolio increased to 8.97% in 2018, from 7.29% in 2016, according to data compiled by the Association of Indian Banks. The public sector lender, Indian Overseas Bank (IOB), […]