Supreme Court: Promotion Suitability Must be Decided by Experts, Courts Cannot Create New Methods  ||  SC: Market Integrity is Paramount; Rule Violators Cannot Escape Liability by Citing Investor Gains  ||  SC: Plaintiff's Reply to Counterclaim in Commercial Suits Must Meet Written Statement Deadline  ||  SC: Pre-2016 Debt Recovery Tribunal Recovery Certificates Cannot Support Insolvency Notices  ||  SC: Children's Court Cannot Try Child as Adult Without Passing a Reasoned Order under JJ Act  ||  SC: Contractual Clauses Denying Interest on Security Deposits Does Not Violate Public Policy  ||  J&K&L HC: Unamended Pleading Loses Effect After Amendment; Party Cannot Benefit From Own Default  ||  Allahabad HC: Wife's Maintenance Need Not be Fixed at 25% of Husband's Net Income  ||  Kerala HC: Social Customs Alone Cannot Prove Bride Entrusted Gold to Husband or In-Laws  ||  Karnataka HC: Century Club Qualifies as a Public Authority under the RTI Act Due to Land Grant    

Arya and Ors v. Assistant General Manager, Reserve Bank of India and Ors - (High Court of Kerala) (13 Oct 2015)

Lowered education loan criteria for SC/ST students to be decided by RBI and Government

Education

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”.

Tags : EDUCATION   LOAN   LOWER   ELIGIBILITY   SCHEDULED CASTE  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved