1,940 banks in India ‘de-listed’ for visas to U.K.
Britain has released a list of almost 2,000 banking institutions in India whose financial statements will not considered valid for the purpose of issuing student visas.
“The UK Border Agency maintains a list of financial institutions from which we will not accept financial statements submitted in support of applications under Tier 4 of the points-based system,” the home office said.
The 1,940 banking institutions, which include cooperative and rural banks, will not be considered for purpose of granting students’ visas from November 24, the home office said. The list has been sub-divided into cooperative banks: scheduled urban cooperative banks, cooperative banks: non-scheduled urban cooperative banks and rural banks.
“We will use the list when verifying maintenance funds under Tier 4 of the points-based system. An applicant will receive no points for maintenance if they submit documents showing that the funds are held in a financial institution on the list,” the home office warned.
It said that these Indian financial institutions do not satisfactorily verify financial statements.
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