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Interest free loans must be available or not?

Created by : Mitesh Gupta, Sales/BD Manager, Reliance Retail  | 03 29 2009 22:02:31 +0000
Industry : LoansFunctional Area : India(Markets)
Keywords : interest free laons
Activity:  333 views;  last activity : 07 06 2010 20:18:09 +0000

There are loans charged for education of students.

Should these loans be interest free for poor students?

  
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There should a limit set to it so that it would be beneficial for loan provider as well as for taker.
By Mitesh Gupta, Sales/BD Manager, Reliance Retail  | 03 29 2009 22:02:31 +0000
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If these laons turn into bad debts then this would be a great threat. It should be well taken care infact people at local level have tried doing this and had suffered a lot.
By Jyotsna Panwar, Trading Advisor, ICICI Securities  | 03 29 2009 22:05:04 +0000
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