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Literacy rates as %age of population by States and Union territories State or UT Census 2011 [2] NSO survey (2017) [3]; Average Male Female Average Male Female India 74.04
Priority sector lending is lending to those sectors of the economy which may not otherwise receive timely and adequate credit. This role is assigned by the Reserve Bank of India to the banks for providing a specified portion of the bank lending to few specific sectors like agriculture and allied activities, micro- and small enterprises, education, housing for the poor, and other low-income ...
This is a list of countries by annualized interest rate set by the central bank for charging commercial, depository banks for loans to meet temporary ... India: 6.50 ...
Gender gap in literacy rate is high, for example in Rajasthan, the state with the lowest female literacy rate in India, [200] average female literacy rate is 52.66% and average male literacy rate is 80.51%, making a gender gap of 27.85%. [201]
Because the interest rates are established by Congress, interest rates are a political decision. In 2010, the federal student loan program ran a multibillion-dollar "negative subsidy", or profit, for the federal government. Loans to graduate and professional students are especially profitable because of high-interest rates and low default rates ...
The 2001–2011 decade is the second census period (after the 1991–2001 census period) when the absolute number of Indian illiterate population declined (by 31,196,847 people), indicating that the literacy growth rate is now outstripping the population growth rate. [45] India's literacy rate is at 75%. Kerala has achieved a literacy rate of ...
In general, and especially with low interest loans, the higher your DTI, the higher your rates are likely to be and the lower your approval odds are. Most lenders look for DTIs under 36 percent .
The scheme currently provides an interest rate of 8.2% [3] (For Jan -Mar 2024 quarter) and tax benefits. The account can be opened at any India Post office or branch of authorized commercial banks. The Sukanya Samriddhi Account Rules, 2016 was rescinded on 12 December 2019 and the new Sukanya Samriddhi Account Scheme, 2019 was introduced.
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