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?
This story is from the September 2024 edition of Banking Frontiers.
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This story is from the September 2024 edition of Banking Frontiers.
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