The number of education loan applications received by the Public Sector Banks (PSBs) was 2,54,420 in 2014-15. It has increased by 2.69% to 2,61,257 during 2015-16 above 2014-15. We have observed annual growth of 12.54% in education loan applications received by the PSBs during 2017-18 from 2,15,422 during 2016-17. In absolute term it was up by 27,011 applications during 2017-18 above 2016-17. The number of education loan applications received by the PSBs was 2,38,989 during 2018-19, down by -1.42% against 2,42,433 during 2017-18. In absolute term it was down by -3,444 applications in 2018-19 above 2017-18.
The maximum of 2,61,257 education loan applications received in 2015-16 by the PSBs during the period under consideration.
Note: Source: RAJYA SABHA SESSION – 249 STARRED QUESTION NO. 206.
Resource Title: Number of Education Loan Applications Received by the Public Sector Banks (PSBs) from 2014-15 to 2018-19 (From : Ministry of Human Resource Development)