Sakshi Education
Britain published a list of nearly 1,900 banks in India most of them cooperative whose financial statements will not be accepted for student visa purposes, a move that is set to affect thousands of Indian students wanting to study there.
The new list has just 85 banks operating in India whose statements will be accepted for purposes of student visas. The list of banks whose statements will not be accepted are categorised as 'Cooperative banks scheduled urban cooperative banks' and 'Cooperative banks non-scheduled urban cooperative banks'.
Verification checks are made on the basis of documents provided with the student visa application but there have reportedly been many cases when such checks have not been "satisfactory", particularly from cooperative or smaller banks.
The statement added: "An unsatisfactory verification check means that the institution does not respond to or provide a reliable response to our request for information, or we are unable to contact the institution.
"When a bank frequently provides unsatisfactory responses to verification requests, it is proportionate to include it on a list from which we will not accept documents, rather than verifying applications individually."
It said the list will be kept under review, and additions or deletions will be made as appropriate. The Home Office published a similar list of financial institutions in Pakistan and the Philippines whose statements will or will not be accepted. In 2010, Britain had suspended issuing students visas in north India and Pakistan following reports of large scale abuse of the visa system.
(PTI)
The new list has just 85 banks operating in India whose statements will be accepted for purposes of student visas. The list of banks whose statements will not be accepted are categorised as 'Cooperative banks scheduled urban cooperative banks' and 'Cooperative banks non-scheduled urban cooperative banks'.
Verification checks are made on the basis of documents provided with the student visa application but there have reportedly been many cases when such checks have not been "satisfactory", particularly from cooperative or smaller banks.
The statement added: "An unsatisfactory verification check means that the institution does not respond to or provide a reliable response to our request for information, or we are unable to contact the institution.
"When a bank frequently provides unsatisfactory responses to verification requests, it is proportionate to include it on a list from which we will not accept documents, rather than verifying applications individually."
It said the list will be kept under review, and additions or deletions will be made as appropriate. The Home Office published a similar list of financial institutions in Pakistan and the Philippines whose statements will or will not be accepted. In 2010, Britain had suspended issuing students visas in north India and Pakistan following reports of large scale abuse of the visa system.
(PTI)
Published date : 27 Oct 2011 05:31PM
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