{"id":5594,"date":"2024-09-03T13:14:40","date_gmt":"2024-09-03T13:14:40","guid":{"rendered":"https:\/\/technotimes.info\/index.php\/nbfc-education-loans-in-india-to-surge-by-40-45-amid-growing-demand-for-overseas-studies\/"},"modified":"2024-09-03T13:14:40","modified_gmt":"2024-09-03T13:14:40","slug":"nbfc-education-loans-in-india-to-surge-by-40-45-amid-growing-demand-for-overseas-studies","status":"publish","type":"page","link":"https:\/\/technotimes.info\/index.php\/nbfc-education-loans-in-india-to-surge-by-40-45-amid-growing-demand-for-overseas-studies\/","title":{"rendered":"NBFC Education Loans in India to Surge by 40-45% Amid Growing Demand for Overseas Studies"},"content":{"rendered":"<p><a href=\"https:\/\/timesofindia.indiatimes.com\/education\/news\/nbfc-education-loans-in-india-to-surge-by-40-45-amid-growing-demand-for-overseas-studies\/articleshow\/113028168.cms\"><\/a>The education loan asset under management (AUM) of non-banking financial companies (NBFCs) in India is projected to grow by 40-45% to exceed Rs 60,000 crore in the current fiscal, driven by rising demand for higher education abroad, according to a CRISIL Ratings report. Despite robust growth, only a small fraction of Indian students are funded by NBFCs. However, rising tuition costs, inflation, and limited alternatives suggest substantial growth potential for NBFCs in the education loan sector.<\/p>","protected":false},"excerpt":{"rendered":"<p>The education loan asset under management (AUM) of non-banking financial companies (NBFCs) in India is projected to grow by 40-45% to exceed Rs 60,000 crore in the current fiscal, driven by rising demand for higher education abroad, according to a CRISIL Ratings report. Despite robust growth, only a small fraction of Indian students are funded by NBFCs. However, rising tuition costs, inflation, and limited alternatives suggest substantial growth potential for NBFCs in the education loan sector.<\/p>\n","protected":false},"author":0,"featured_media":5595,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_eb_attr":"","content-type":"","footnotes":""},"class_list":["post-5594","page","type-page","status-publish","has-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NBFC Education Loans in India to Surge by 40-45% Amid Growing Demand for Overseas Studies - technotimes.info<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/technotimes.info\/index.php\/nbfc-education-loans-in-india-to-surge-by-40-45-amid-growing-demand-for-overseas-studies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBFC Education Loans in India to Surge by 40-45% Amid Growing Demand for Overseas Studies - technotimes.info\" \/>\n<meta property=\"og:description\" content=\"The education loan asset under management (AUM) of non-banking financial companies (NBFCs) in India is projected to grow by 40-45% to exceed Rs 60,000 crore in the current fiscal, driven by rising demand for higher education abroad, according to a CRISIL Ratings report. Despite robust growth, only a small fraction of Indian students are funded by NBFCs. 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