HDFC Cradilla currently commands nearly half of all education loans doled out by the non-banking channel. Their bad loans are at a puny 0.12%. Nearly 75% of their education loans don't have any collateral backing it. And they're also digitizing their operations to keep up with new age competition.
In today’s episode for 22nd June 2023, we explain why international private equity firms are interested in the Indian education loan business.