Mumbai, September 03, 2024 (TBB Bureau): Education loans, particularly those aimed at funding overseas studies, are emerging as one of the fastest-growing segments for non-banking financial companies (NBFCs) in India, driven by increasing demand for higher education. According to CRISIL Ratings, NBFCs’ education loan assets under management (AUM) are projected to grow by 40-45 per cent this fiscal, crossing the ...

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