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<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> </head> <body> <div style="font-family:Verdana, Geneva, sans-serif; font-size:12px; text-align:justify"> <table width="800" border="0" style="border:1px solid #ccc;padding:5px;" align="center" cellpadding="6" cellspacing="0"> <tr> <td align="left" valign="top"> <br /> High Court of Kerala <br /><br /> Lowered education loan criteria for SC/ST students to be decided by RBI and Government<br /><br /> - (13 Oct 2015)<br /><br /> </td> </tr> <tr> <td align="left" valign="top"><a href=" http://judis.nic.in/judis_kerala/qrydisp.aspx?filename=428938">Arya and Ors v. Assistant General Manager, Reserve Bank of India and Ors</a></td> </tr> <tr> <td align="left" valign="top" style="background-color:#FDEDCE"><strong>Kerala High Court dismissed petitions against the decision of the State Bank of Travancore to not grant the petitioners educational loans for failing to meet the minimum score of 60%. Petitioners had contended that being Scheduled Caste, they were entitled to a lower score for qualifying for a loan. They relied on a Reserve Bank of India circular titled, Model Education Loan Scheme, which suggested a minimum of 50% for SC/ST students eligible for educational loans. However, dismissing the petitions, the Court left it “open for the Government of India/RBI/IBA/concerned banks to consider the question as to whether any reduction can be made in the requirement of minimum percentage”.</strong></td> </tr> <tr> <td align="left" valign="top" ><strong></strong></td> </tr> <tr> <td align="left" valign="top" ><strong>Tags : Education, loan, lower, eligibility, scheduled caste</strong></td> </tr> <tr> <td align="left" valign="top"> </td> </tr> <tr> <!--<td><strong>Source : <a target="_new" href="http://www.manupatrafast.com/">newsroom.manupatra.com</a></strong></td>--> <td align="left" valign="top"><strong>Source : newsroom.manupatra.com</strong></td> </tr> <tr> <td align="left" valign="top"> </td> </tr> <tr> <td align="left" valign="top">Regards</td> </tr> <tr> <td align="left" valign="top">Team Manupatra</td> </tr> <tr> <td align="left" valign="top"> </td> </tr> </table> </div> </body> </html>