“There is SBI which does say one and a half lakh students every year, gives loans to one and a half lakh students every year. There's a Bank of Baroda and Canada bank, which do close to 50,000 loans. And everybody else then comes later, probably your PNB and Few other players, you know, Bank of Maharashtra and so on, but hardly five, six banks and SBA is 50% of that wallet share. You take Bank of Baroda, Canara Bank, PNB, you know, so five banks would cater to 90% of that.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Victor Senpaty
Insight
Senpaty: Thoroughly underwritten education loans behave like secured debt
“So somebody who does their job well in terms of underwriting these institutes or the courses, the end uses and the students will have a very low NPA. It will behave like a secured product is what our understanding.”
Victor SenpatyJul 7, 2026▶ 3:28Beating SBI, 1% NPAs & India's Massive Loan Gap I Victor Senpaty Co-Founder Propelld
AssertionSupported
Senpaty: Bank NPAs hit 10% on Tier 2 and Tier 3 education loans
“Whereas if you compare it with banks, once they move out from IITs and go towards other instit institutes, tier two, tier three institutes their NPS shoot up to close to around a 10% sort of level.”
Victor SenpatyJul 7, 2026▶ 9:02Beating SBI, 1% NPAs & India's Massive Loan Gap I Victor Senpaty Co-Founder Propelld
AssertionOpen · timeframe Jul 2029
Senpaty: Propelld matches SBI by lending to 150k students annually
“In terms of number of students, we give Loans to about one and a half lakh students every year, which matches SBI.”
Victor SenpatyJul 7, 2026▶ 1:27Beating SBI, 1% NPAs & India's Massive Loan Gap I Victor Senpaty Co-Founder Propelld
AssertionPartly supported
Senpaty: Propelld's NPA rate is 1%, one-tenth of traditional lenders
“Our NPAs are at a one percent level. You, if you compare it with traditional players, it's one 10th.”
Victor SenpatyJul 7, 2026▶ 2:21Beating SBI, 1% NPAs & India's Massive Loan Gap I Victor Senpaty Co-Founder Propelld
AssertionSupported
India's education loan penetration is just 5% of a $100B market
“The penetration for education spends would be close to five percent, as in five percent of loans in overall education as spends, which is close to around a hundred billion dollars.”
Victor SenpatyJul 7, 2026▶ 12:17Beating SBI, 1% NPAs & India's Massive Loan Gap I Victor Senpaty Co-Founder Propelld
PredictionOpen · timeframe Mar 2027
Propelld projects net interest income will reach 220-230 crore INR in FY27
“In FYI, our net interest income was 75 crores. In fi-twenty-six, we are doing 150 crores, so doubled our revenues. In fi-twenty-seven, we will grow probably 80%, so two 20 to 30 crores of revenues.”
Victor SenpatyJul 7, 2026▶ 33:39Beating SBI, 1% NPAs & India's Massive Loan Gap I Victor Senpaty Co-Founder Propelld
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 300 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.
