Latest news with #NeerajShekhar
India Today
3 days ago
- Business
- India Today
Maharashtra, Kerala, Andhra Pradesh top in education loans, SBI leads lending race
Maharashtra, Kerala, Andhra Pradesh and Tamil Nadu have emerged as the leading states in public sector bank (PSB) education loan disbursals over the last three financial years, according to Reserve Bank of India (RBI) data shared in the Rajya FY 2022-23 and 2024-25 (provisional), Maharashtra recorded Rs 11,426.47 crore in sanctioned education loans, followed by Kerala with Rs 8,937.78 crore, Andhra Pradesh at Rs 8,101.06 crore, and Tamil Nadu at Rs 7,198.63 figures were presented in a written reply to a question by MP Neeraj Shekhar. At the other end, Lakshadweep, Mizoram, Arunachal Pradesh and Nagaland saw the lowest loan disbursals, with amounts ranging from Rs 0.17 crore to Rs 19.76 EDUCATION LOAN DISBURSALS (FY 2022–23 to 2024–25)RankState/UTAmount Disbursed (Rs Crore)1Maharashtra11426.472Kerala8937.783Andhra Pradesh8101.064Tamil Nadu7198.635Telangana6178.60.........36Lakshadweep0.17SBI MAINTAINS TOP POSITION AMONG BANKSAmong PSBs, the State Bank of India emerged as the largest lender, disbursing Rs 32,311.02 crore in education loans during the same three-year period. Union Bank of India followed with Rs 14,558.77 crore, and Bank of Baroda came third at Rs 8,468.53 and Sind Bank reported the lowest disbursal amongst PSBs, at Rs 542.42 EDUCATION LOAN DISBURSALS (FY 2022–23 to 2024–25)BankAmount Disbursed (Rs Crore)State Bank of India32311.02Union Bank of India14558.77Bank of Baroda8468.53Canara Bank7094.19Punjab National and Sind Bank542.42REPAYMENT TRENDS AND NPA LEVELSRBI data also revealed patterns in gross non-performing assets (GNPAs) for education loans. While several banks saw a decline in NPA levels, amounts remain substantial for some GNPAs stayed relatively stable, moving from Rs 372 crore in 2023 to Rs 382 crore in 2024, and Rs 336 crore in provisional 2025 GNPA FIGURES (Education Loans)Bank2023 GNPA (Rs Crore)2024 GNPA (Rs Crore)2025 GNPA* (Rs Crore)State Bank of India372382336Union Bank of India637644336Bank of Baroda6398121Canara Bank843789322Punjab National Bank893733431............2025 data STATES DRIVE DEMANDThe data highlights that the highest demand for education loans comes from southern states, attributed to high enrolment in professional courses and overseas study NPA levels suggest improved repayment behaviour, though lenders continue to face significant outstanding amounts in the education loan segment.- Ends
Indian Express
3 days ago
- Business
- Indian Express
Maharashtra, Kerala, Andhra Pradesh among top states in education loan uptake; SBI leads lenders
Maharashtra, Kerala, Andhra Pradesh and Tamil Nadu have ranked among the top states in the disbursal of education loans by public sector banks (PSBs) over the last three financial years between 2022-23 to 2024-25, according to data presented in the Rajya Sabha on Tuesday. The figures, provided by the Reserve Bank of India (RBI) in a written reply to a question by MP Neeraj Shekhar, show that between FY 2022-23 and 2024-25 (provisional), PSBs sanctioned a total of Rs 11,426.47 crore in Maharashtra, Rs 8,937.78 crore in Kerala, Rs 8,101.06 crore in Andhra Pradesh, and Rs 7,198.63 crore in Tamil Nadu. At the other end of the spectrum, states and UTs like Lakshadweep (Rs 0.17 crore), Mizoram (Rs 9.93 crore), Arunachal Pradesh (Rs 10.40 crore) and Nagaland (Rs 19.76 crore) recorded the lowest education loan disbursals. Among PSBs, the State Bank of India (SBI) is the largest lender, disbursing Rs 32,311.02 crore in student loans over the three-year period. It was followed by Union Bank of India (Rs 14,558.77 crore), Bank of Baroda (Rs 8,468.53 crore), Canara Bank (Rs 7,094.19 crore) and Punjab National Bank (Rs 5,004.71 crore). Other notable contributors include Indian Bank (Rs 2,974.78 crore), Bank of India (Rs 1,952.94 crore), and Central Bank of India (Rs 1,277.27 crore). Punjab and Sind Bank disbursed the least among PSBs, at Rs 542.42 crore. The RBI data also shed light on repayment stress. While aggregate gross non-performing assets (GNPAs) in the education loan segment have declined for several banks, they remain significant for certain lenders. SBI, despite being the largest lender, maintained relatively stable GNPAs at Rs 372 crore (2023), Rs 382 crore (2024), and Rs 336 crore (2025). The data for March 2025 is provisional. The government stated that state-wise GNPA data is not maintained by the RBI. The data points to a concentrated demand for education loans in southern states, mostly driven by high enrolment in professional courses and overseas education. The decline in NPA levels for several banks suggests improved repayment performance, though the absolute amounts remain substantial.
The Hindu
10-06-2025
- Politics
- The Hindu
FIR against BJP leader, kin of Ex-PM Chandrashekhar's son, for threatening Dalit scholar
A BJP leader closely associated with former prime minister Chandrashekhar's son Neeraj Shekhar has been booked for allegedly threatening a Dalit research scholar from Lucknow University, police said on Tuesday (June 10, 2025). According to police, the FIR was lodged late Monday (June 9, 2025) night at Ubhaon Police Station on the complaint of Deepak Kannaujia, a native of Turtipar village. Police said that in his complaint, Mr. Kannaujia, a scholar at the Lucknow University, alleged that BJP leader Alok Singh called him on May 21 and abused him and threatened to kill him. "Record this conversation if you want. I am not afraid of the administration or the law and order in Uttar Pradesh," Alok Singh said, according to the complaint. BJP's Bilthara Road area president Arun Kant Tiwari confirmed that Alok Singh is affiliated with the BJP and is a close relative of Neeraj Shekhar. Mr. Kannaujia alleged that Alok Singh had a longstanding political enmity with his family. He said his father, Kamlesh Kannaujia, died of a heart attack on October 31 last year due to the stress caused by repeated harassment. He said he was afraid Alok Singh might get his mother, who lives alone in the village, killed. Superintendent of Police Omveer Singh told PTI on Tuesday that an audio clip related to the incident had recently gone viral on social media. A preliminary inquiry was conducted by Rasra Circle Officer Alok Gupta, after which Alok Singh was booked under sections 352 (intentional insult) and 351(3) (criminal intimidation) of the BNS, and provisions of the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act.
Time of India
10-06-2025
- Politics
- Time of India
FIR against BJP leader, kin of Ex-PM Chandrashekhar's son, for threatening Dalit scholar in UP; audio clip goes viral
Representative photo NEW DELHI: A BJP leader closely associated with former Prime Minister Chandrashekhar's son Neeraj Shekhar has been booked for allegedly threatening a Dalit research scholar from Lucknow University on Monday night at Ubhaon Police Station in Ballia, Uttar Pradesh. The FIR was filed based on a complaint by Deepak Kannaujia, a native of Turtipar village and scholar at Lucknow University, who alleged that BJP leader Alok Singh called and threatened him on May 21. According to the complaint, Alok Singh said, "Record this conversation if you want. I am not afraid of the administration or the law and order in Uttar Pradesh." BJP's Bilthara Road area president Arun Kant Tiwari confirmed Alok Singh's affiliation with the party and his close relation to Neeraj Shekhar. Kannaujia claimed there was a longstanding political enmity between his family and Alok Singh. He stated that his father, Kamlesh Kannaujia, died of a heart attack last October due to stress from repeated harassment. The complainant expressed fear for his mother's safety, who lives alone in the village, suggesting Singh might harm her. Superintendent of Police Omveer Singh confirmed that an audio clip related to the incident had recently gone viral on social media. Following a preliminary inquiry conducted by Rasra Circle Officer Alok Gupta, Alok Singh was booked under sections 352 and 351(3) of the BNS for intentional insult and criminal intimidation. Additional charges were filed under the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act.
