CURRENT AFFAIRS

Detailed explanation-1: -Canara Bank has launched ‘skill loans’ in association with the Additional Skill Acquisition Programme (ASAP).

Detailed explanation-2: -Canara Bank is offering skill loans of up to Rs 1,50,000 for courses offered by Additional Skill Acquisition Programme (ASAP) Kerala.

Detailed explanation-3: -Canara Bank has launched ‘skill loans’ in association with the Additional Skill Acquisition Programme (ASAP), Kerala. Canara Bank has launched ‘skill loans’ in association with the Additional Skill Acquisition Programme (ASAP), Kerala, the government company under the Higher Education Department.

Detailed explanation-4: -The Skill Loan Scheme was launched in July 2015 to provide institutional credit to individuals for skill development courses aligned to National Occupations Standards and Qualification Packs and leading to a certificate/diploma/degree by training institutes as per National Skill Qualification Framework (NSQF).

Detailed explanation-5: -Purpose: To assist the needy and meritorious students who are in need of education loans who are pursuing their higher studies in select reputed institutions viz., Select IIMs/IITs/NITs/IISc /ISB (Hyderabad & Mohali) and other reputed institutes only.