Speed, Safety, Compliance
Banking Frontiers|September 2024
Brijesh Samantaray, Co-founder, Propelld shares the current trends in the education loans how the company is leveraging technology:
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Speed, Safety, Compliance

Ravi Lalwani: What changes in education preferences and impact of covid on demand for educational loans?

Brijesh Samantaray: In India, recent shifts in education preferences have been significantly shaped by the covid-19 pandemic. There has been a noticeable move towards online and hybrid learning models, with many students opting for flexible courses such as online degrees, certifications, and short-term skill-based programs, especially in fields like IT, data science, and digital marketing. The pandemic has also accelerated the demand for programs that focus on practical skills, with a growing number of students enrolling in courses that offer immediate employability. The pandemic has made students more cautious, leading to a rise in demand for domestic higher education and local vocational training programs.

Which segments of the student loan business most and least impacted?

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