UK blacklists 2000 Indian banks from student visa process

London, Oct. 25: As of November 24 this year, around 1,940 banks — mostly cooperative ones — have been named as “financial institutions that do not satisfactorily verify financial statements,” according to the UK Border Agency. It means that students who need to show evidence that they have enough funds to support themselves through a course in the UK won’t be able to rely on statements from any of those institutions. The agency, part of Britain’s Home Office, provides a full list of names, ranging from the Ahmedabad Mercantile Co-Op Bank Ltd, to the Bangalore City Co-operative Bank Ltd, to the Pondicherry Coop. Urban Bank
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