A Study on the Perception of Commercial Banks towards Priority Sector Lending with Reference to Education Loan in Tamilnadu

Ashok Samy; P. Raman

doi:10.12816/0044900

Article Details

A Study on the Perception of Commercial Banks towards Priority Sector Lending with Reference to Education Loan in Tamilnadu

Authors:

Ashok Samy | P. Raman

Publisher:

Sohar University

Main Topics:

Economics and Finance

Journal:

Oman Chapter of Arabian Journal of Business and Management Review 2018 Vol.7 Special Issue, pp.12-19

Document Type:

Article

Publication Date:

2/2018

Document Language:

English

Document ID (Org No.):

114260

Frequency:

Monthly

pISSN:

22235833

DOI:

10.12816/0044900

Descriptors:

Keywords:

Abstract:

 The topic of the study is about “the perception of commercial banks towards priority sector lending with reference to education loan in Tamil Nadu”, the aim of the study is to evaluate the performance of Priority Sector lending with reference to Education Loan, to analyse the perception lenders of Education Loan, to examine the problems faced by the lending institutions. i.e. Bankers in this regard and suggest measures to improve the performance and to enhance the positive perception of customers with regards to Education Loan, A primary survey of selected lending institutions (bankers in this regard) of education loan using structured questionnaire. 260 bank branches were taken as a sample of which 50 percent (130 samples) from public sector and the remaining 50 percent (130 samples) from private sector. The selection of bankers according to their financial performance of both Public sector and Private sector banks in Tamil Nadu, the present study consists of five banks from Public sector viz., Indian Bank, State Bank of India, Indian Overseas Bank, Canara Bank and Central Bank of India as well as five banks from Private sector viz., Axis Bank, Federal Bank Ltd., HDFC Bank, Lakshmi Vilas Bank and Karur Vysya Bank officials respectively from Tamil Nadu, for the purpose of conducting these interviews with the bank officials regarding problems in sanctioning and recovery of loans, attitudes and achievements of the bankers, etc. covering both rural and urban areas, in all the 32 district in Tamil Nadu. The researcher used simple random sampling for conducting the survey. The descriptive method of research has undertaken for the study. The collected data had been analyzed by applying statistical tools such as factor analysis, cluster analysis, discriminate analysis, analysis of variance (ANOVA), Karl Pearsons co-efficient of correlation, chi-square test and t-test methodologies of the research. The Empirical results suggest that recipients show better academic performance and the student’s credit plays a vital role on improving the social community. When the banks were given freedom in case of placing branches they seem to bypass the needy and poor society,

Article Details

A Study on the Perception of Commercial Banks towards Priority Sector Lending with Reference to Education Loan in Tamilnadu

Authors:

Ashok Samy | P. Raman

Publisher:

Sohar University

Main Topics:

Economics and Finance

Journal:

Oman Chapter of Arabian Journal of Business and Management Review 2018 Vol.7 Special Issue, pp.12-19

Document Type:

Article

Publication Date:

2/2018

Document Language:

English

Document ID (Org No.):

114260

Frequency:

Monthly

pISSN:

22235833

DOI:

10.12816/0044900

Descriptors:

COMMERCIAL BANKS

BANK LOANS

PUBLIC SECTOR

PRIVATE SECTOR

EDUCATIONAL GRANTS

INDIA

Priority Sector Lending

Performance of Education Loan

Perception of Lending Institutions and the Problems Faced by the Bankers during Loan Process

Issues

Article Details

Authors: Ashok Samy | P. Raman

Publisher: Sohar University

Main Topics: Economics and Finance

Journal: Oman Chapter of Arabian Journal of Business and Management Review 2018 Vol.7 Special Issue, pp.12-19

Document Type: Article

Publication Date: 2/2018

Document Language: English

Document ID (Org No.): 114260

Frequency: Monthly

pISSN: 22235833

DOI: 10.12816/0044900

Descriptors:

Issues

Authors:

Ashok Samy | P. Raman

Publisher:

Sohar University

Main Topics:

Economics and Finance

Journal:

Oman Chapter of Arabian Journal of Business and Management Review 2018 Vol.7 Special Issue, pp.12-19

Document Type:

Article

Publication Date:

2/2018

Document Language:

English

Document ID (Org No.):

114260

Frequency:

Monthly

pISSN:

22235833

DOI:

10.12816/0044900