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Central Bank of India agrees 2 million rupee loans for WMG students at Warwick

Mr S Sridhar, the Chairman and Managing Director of the Central Bank of India, paid a special visit to WMG at the University of Warwick, on Tuesday 10 May, to sign an agreement to provide fast track student loans of up to 2 million (20 lakh) rupees (just over 26,000 UK pounds) to Indian students studying at WMG.

Mr S Sridhar signed the agreement with WMG Director Professor Lord Kumar Bhattacharyya.

The partnership between the bank and WMG covers several areas of cooperation beyond the provision of fast-track loans for Indian students studying at WMG, it also includes partnership work to enhance the understanding of Indian business and promote technical and social cooperation between the UK and India.

Professor Sujit Banerji, Executive Director of Postgraduate Programmes at WMG said:
“This agreement builds a strong partnership between WMG and the Central Bank of India. The new fast-track student loan approval process for WMG’s Indian students is particularly welcome”.

For further information contact Kate Cox, Communications Manager at University of Warwick on t: +44 (0)2476 574255 m: +44 (0)7920 531221 or e: Kate.Cox@warwick.ac.uk

Note for editors: WMG are specialists in value adding innovation, new technologies and skills deployment. Its major research themes are materials and sustainability; digital technologies; manufacturing technologies and operations and business management.

MOU signing May 2011