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.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the September 2024 edition of Banking Frontiers.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Excelling by partnering with Fenergo, SBS, Aurai, Avanade & others
The Netherlands-based NIBC Bank defines itself as an entrepreneurial asset financier for companies and individuals, having funded private housing ventures, rental property, commercial real estate, infrastructure and cars and claims it makes a difference for its clients through long-term relationships based on knowledge and expertise.
Drive by Connectivity, Automation & Analytics: SEB
Skandinaviska Enskilda Banken, or SEB, promotes digitization as much as it operates as an established bank:
Afterhour Passions
Professional success is often shaped by what a person does afterhours. Let us look at a few such people and what hobbies recharge their body, mind and spirit:
A colossal rise in agri credit
A study by 3 academics on the impact of bank credit for agricultural sector reveals very encouraging trend:
The Future of Cybersecurity: Balancing AI & Human Expertise
There is no denying the fact that the continued evolution in AI will redraw the landscape of cybersecurity. In this respect, the future of digital defences rest on how effectively AI capabilities are balanced with human expertise.
REINFORCING BRAND COOPERATIVE
Banking Frontiers organized its annual Frontiers in Cooperative Banking Awards and Conference in Lucknow in October where stalwarts from the sector shared insights into progress achieved and gave guidance on the road ahead.
Magma HDI & Mahindra Finance collaborate to expand insurance access nationwide
Mahindra Finance, a leading player in India's non-banking financial services sector, has forged a strategic partnership with Magma HDI General Insurance Company to deliver customized general insurance solutions to its extensive customer base.
AI for underwriting, personalization, claims & more
Sunil Jain, Chief Digital Technology Officer, Pramerica Life Insurance:
IoT & Chatbots - a rich data trove
Aditya Mall, Appointed Actuary at Future Generali India Life Insurance reveals new opportunities in insurance and the enablers:
Marching hand-in-hand: Innovation & Automation
In the January 2024 issue of Banking Frontiers, Gyanendra Singh, CTO of Aviva India, had shared about how the company excels at RPA through governancebased implementation and pragmatic vendor selection. He shares more initiatives since then:
