Dewan Housing enters education loan space
PTI: Mumbai, Feb 07 2013, 22:32 IST
many banks are facing asset quality issues with their education loan portfolios, which is pegged at Rs 55,000 crore.
Wadhawan sounded confident about asset quality and said underwriting expertise gained by DHFL in its lending business will prove useful for the company.
The company announced its base rate at 11.5 per cent and said it will charge a spread above the rate depending on the placement record of the institute and collaterals offered, among others factors.
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