Friday, Jul 23, 2004
Friday, Jul 23, 2004 |
| Andhra Pradesh | ||||
|
News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Advts: Classifieds | Employment | Obituary | Andhra Pradesh
-
Visakhapatnam
By Our Staff Reporter
VISAKHAPATNAM, JULY 22. Gone are the days when one had to make several trips to a bank to obtain a loan. Nationalised banks, perhaps in the face of stiff competition from private banks, are going all out to advance loans to people. The State Bank of Hyderabad has set up a stall at the Government Polytechnic, venue of the regional counselling centre for admission to engineering courses. The facility is a boon to poor parents whose children have scored good ranks in EAMCET but cannot afford to meet the high cost of engineering education. P. Venkateswara Rao, who runs a small canteen at Visalakshinagar, and his wife were visibly excited when the SBH officials told them that their son could obtain a loan without any collateral security. His son, Phani Kumar, had obtained 97 per cent marks in the Intermediate examination and a rank of 1737 in EAMCET. He got a seat in civil engineering in Andhra University in the counselling held on Thursday. Mr Venkateswara Rao earns about Rs.5,000 a month which is hardly sufficient to meet the needs of his family. .
Printer friendly
page
News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
|
|
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |
Copyright © 2004, The
Hindu. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu
|
