R Vaidyanathan

R Vaidyanathan

The author is professor of finance, Indian Institute of Management-Bangalore, and can be contacted at vaidya@iimb.ernet.in.

By R Vaidyanathan

Wanted from Mr Modi: An educational finance corporation

The loan sanctioned should be the first charge on the salary of the student and the onus should be on the employer to deduct the EMI and remit it to the bank.

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